The U.S. revises Section 232 tariffs on steel, aluminum, and copper effective April 6, while key Asian and Northern European ports face ongoing congestion.
The CIT broadened CBP's IEEPA tariff refund order as FEWB and TAWB ocean lanes ran high vessel utilization, plus a new Sea-Air Express launch.
CBP reports satisfactory progress on its automatic IEEPA duty refund system as the air freight market braces for significant fuel surcharge increases.
The U.S. opens new Section 301 investigations into China, the EU, and 14 other partners, while Middle East escalation disrupts ocean and air freight.
The Court of International Trade orders universal IEEPA duty refunds while Middle East escalation disrupts air and ocean freight operations.
The Supreme Court ruled IEEPA tariffs unlawful, prompting refund prep, while U.S. blizzards disrupt Europe and North America air freight operations.
The U.S. and Taiwan finalize a trade deal as the Supreme Court IEEPA tariff ruling looms and FEWB spot rates soften over Lunar New Year, per the February 19, 2026 update.
EU Parliament nears a vote on the modified US trade deal amid 15% tariffs as ex-Asia ocean demand tapers ahead of Lunar New Year in February 2026.