-The bi-lateral truce between the US and China on ship fees, which was set to expire on November 9, 2026, has been extended until January 10, 2027.
-However, a $200,000 per voyage port fee is being considered on Spanish-flag vessels in retaliation for Spain denying US-flag vessels access to Spanish ports.
-The investigation of China “dumping” trailers into the US market resulted in a 260% tariff assessment on Chinese trailers. The tariffs will be in effect for at least five years. A separate investigation into dumping allegations from Mexico and Canada is underway and is expected to be completed next year.
-Tariffs on Canadian goods are changing based on the commodity. Certain types of paper, plastic, machinery and seaweed products are now exempt. Certain types of valves, carpets and waste products are now subject to tariffs.
-The US Trade Court heard arguments in the case against the administration’s Section 301 (forced labor) tariffs, and, by all accounts, it is not looking favorable for the policy.
-Importers have been given class-action status when seeking tariff refunds.