White House Issues New Section 232 Tariffs on Wood Products – But Drawback Remains Eligible
On September 29, 2025, President Trump issued a proclamation under Section 232 of the Trade Expansion Act, imposing tariffs on imports of timber, lumber, and derivative wood products. Commerce’s findings: Heavy foreign dependence on wood products is weakening U.S....
Trans-Pacific Carriers Blank More October Sailings, Spot Rates Decline, Services Stop as Canadian Postal Workers Go on Strike
This week: Ocean carriers on the trans-Pacific trade routes blank October sailings in bid to stop rate plummet After CUPW workers go on strike, Canada Post suspends all mail and parcel services nationwide Federal appeals court strikes down FMC rule limiting who...
Trans-Pacific Container Spot Rates Fall After Short Surge, White House Mulls Expanding Scope of Tariffs, Strong Volumes at Port of LA
This week: Following brief surge earlier in the month, Trans-Pacific container spot rates on the way back down White House seeks comment on expanding the scope of tariffs on steel, aluminum, and auto parts Despite tariffs and trade uncertainty, cargo volumes remain...
Supreme Court Will Decide Future of Reciprocal Tariffs, Case Will Be Heard in November, US Retailers Increase Import Forecast But Warn of Q4 Decline
This week: US Supreme Court approves Trump admin petition on reciprocal tariffs, will hear case in November US retailers increase import forecast, but still expect a sharp year-over-year decline in Q4 2025 Experts expect US trucking overcapacity to keep pricing power...