
EU and India Strike Landmark Trade Deal; Port Congestion Strains Key Asian and North European Hubs
The EU and India strike a landmark trade deal cutting duties on most goods, as port congestion strains key Asian and Northern European shipping hubs.

The EU and India strike a landmark trade deal cutting duties on most goods, as port congestion strains key Asian and Northern European shipping hubs.

January 22, 2026: Trump walks back proposed Greenland-related tariffs on Europe as ex-China air freight demand rises and Flexport debuts a refund calculator.

A U.S.-Taiwan trade deal cuts reciprocal and auto-part tariffs and spurs semiconductor investment as severe weather disrupts North Europe ports.

Businesses brace for a potential Supreme Court IEEPA tariff ruling and possible refunds, while FEWB demand climbs ahead of Chinese New Year in January 2026.

The EU's duties on low-value parcels take effect next July as US-Switzerland-Liechtenstein duty changes land, and peak ex-China air freight demand eases.

Mexico approves tariffs of up to 50% on China amid U.S. pressure, while Far East Westbound demand spikes seasonally, in the update for December 11, 2025.

The U.S. reduces tariffs on most South Korean imports to a 15% minimum, retroactive to mid-November, while Northern European ports see ongoing vessel delays.

The U.K. plans to eliminate its duty-free exemption for goods under £135 by 2029 as ex-Asia air freight faces elevated demand, November 26, 2025.