U.S. and China Agree to Temporary Tariff Reduction, Easing Trade Tensions
U.S. and China Agree to Temporary Tariff Reduction, Easing Trade Tensions On May 11, 2025, the United States and China announced a significant but temporary trade agreement aimed at de-escalating the ongoing trade war between the world’s two largest economies. The deal, finalized during weekend talks in Geneva, Switzerland, reduces reciprocal tariffs on each other’s […]
US-China Costs are plummeting, can blank sailings stabilize the market?
Trends in US-bound trades The current stability in U.S.-bound rates comes after substantial drops since the beginning of the year. Average spot rates on these routes have decreased by 52% to the West Coast and 44% to the East Coast since Jan. 1. The only increase observed in 2025 occurred on April 1, with rates […]
Demystifying the Tariff Turmoil
Demystifying the Tariff Turmoil The world of tariffs can feel like a maze for importers, with new rules, acronyms, and rates popping up seemingly overnight. In 2025, the U.S. tariff landscape is more complex than ever. This article breaks down the key types of tariffs—standard duties, Section 301 tariffs, IEEPA tariffs (Reciprocal and Fentanyl), and […]