Mexico to Raise Tariffs on China; FEWB Sees Seasonal Spike in Demand
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.
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U.S. Reduces Tariffs on South Korea; Northern European Ports See Ongoing Vessel Delays
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.
U.S. Announces New Trade Frameworks and Reciprocal Tariff Exemptions; Overcapacity Persists on TPEB
The US unveils new trade frameworks and reciprocal tariff exemptions, the EU moves to end its low-value duty exemption, and TPEB overcapacity persists.
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.
President Trump to Cut Tariffs on China; Congestion Persists at Major European Base Ports
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.
Port Fees on Chinese Vessels Loom Ahead; Golden Week Drives Blank Sailings on TPEB and FEWB
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.
Tariff Collection Continues Amid Government Shutdown; Ex-Asia Air Freight Sees Demand Surge
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 ZIM Mississippi; Carriers Suspend TPEB Services Amid Oversupply
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.