
Supreme Court Hears Arguments on IEEPA Case; Ex-China Air Market Begins to Stabilize
The Supreme Court hears oral arguments on the legality of Trump's IEEPA tariffs as the ex-China air freight market begins to stabilize after months of volatility.

The Supreme Court hears oral arguments on the legality of Trump's IEEPA tariffs as the ex-China air freight market begins to stabilize after months of volatility.

After Trump and Xi met in South Korea, the US moved to cut China's fentanyl tariff from 20% to 10% as congestion persisted at major European base ports.

Trump plans a 25% tariff on medium and heavy trucks as port fees on Chinese vessels loom and Golden Week drives blank sailings on TPEB and FEWB.

October 2, 2025: CBP keeps collecting tariffs and processing refunds through the U.S. government shutdown as ex-Asia air freight demand surges.

Cargo operations resume on the ZIM Mississippi as carriers suspend TPEB services amid oversupply, with a new US fee on Chinese vessels effective October 14.

The U.S.-Japan 15% tariff baseline takes effect and a USTR fee on Chinese vessels looms as Long Beach continues recovering fallen containers.

The Supreme Court agrees to hear the IEEPA tariff case as duties stay in force, while fallen-container recovery begins at the Port of Long Beach.

Trump asks the Supreme Court for an expedited ruling on IEEPA tariffs found illegal, as FEWB and TAWB spot rates decline, in the September 4, 2025 update.