US and India Trade Deals Open Doors for UK Traders
Two landmark trade agreements with the US and India promise to reshape supply chain opportunities for UK importers and exporters. Both deals offer a mix of immediate tariff relief and long-term potential to diversify sourcing and boost exports.
The newly signed UK-US agreement has reduced US t...
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US-China Tariff Pause Offers Fashion Breathing Space
Fashion brands and retailers around the world have welcomed a temporary easing of tensions between the US and China, but remain wary of the wider uncertainty still gripping global supply chains.
A 90-day agreement announced on Monday May 12 will, from May 14, reduce US tariffs on Chinese goods...
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March Airfreight Surge Sets Stage for Further Growth as US-China Trade Tensions Ease
Airfreight markets posted a record performance in March, with particularly strong activity on Asia, US, Europe and UK trade lanes. The surge, driven by shippers front-loading cargo ahead of anticipated US tariffs, has provided a benchmark for what could follow in the months ahead as recent tariff...
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Trump’s Red Sea Gambit
A dramatic shift in the Red Sea shipping crisis may be underway following US President Donald Trump’s announcement that Houthi militants have agreed to halt their campaign against commercial vessels.
His declaration has sparked hopes of restored freedom of navigation through one of the world...
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Blanked Sailings Amid Geopolitical Shifts
Global sea freight is navigating a complex landscape marked by geopolitical tensions, fluctuating demand, and strategic capacity adjustments and while a temporary US-China tariff truce offers a glimmer of hope, challenges persist across major trade lanes.
In response to weakening demand, parti...
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Transpacific Air and Sea Downturns amid Capacity Volatility
As demand falters on both sides of the transpacific, container and air freight flows are facing extreme volatility, with sharp drops in bookings and vessel space coinciding with sweeping tariff changes and regulatory disruptions.
The number of blanked sailings has surged, with the share of Asi...
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The Rising Risks of Customs Valuation and Tariff Compliance
For importers under pressure to manage margins amid rising tariffs, compliance missteps, even unintentional ones, can trigger severe penalties, criminal sanctions, and lasting reputational damage.
Recent high-profile cases show that even the most established brands are not immune. At one major...
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New US Port Fees Target Chinese and Non-Chinese Carriers
New US port fees aimed at Chinese-owned and Chinese-built ships are set to begin in October 2025, challenging China's dominance in shipbuilding and shipping, while attempting to bolster the US maritime industry.
Under the new structure, Chinese ship owners and operators face charges starting a...
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Tariff Tensions Drive Short-Term Freight Surges and Long-Term Uncertainty
Global freight markets remain under pressure as shifting US tariff policies continue to disrupt established trade patterns, prompting divergent responses across air and sea freight markets. While immediate demand surges have driven up short-term pricing, underlying market dynamics suggest a volat...
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New Tariffs and the End of De Minimis
On 2 April 2025, President Donald J. Trump announced sweeping new tariffs, targeting approximately 60 countries, with China singled out for the most severe action. In response to retaliatory tariffs from Beijing, the United States escalated its own duties, ultimately imposing a 125% tariff on all...
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Tariff turmoil threatens US importers as China trade takes a hit
After weeks of speculation, US President Donald Trump has sharply escalated tariffs on Chinese goods to 125%, while simultaneously offering a 90-day reprieve to other trading partners.
The baseline tariff of 10% applies to imports from all countries other than China, including the EU. This rat...
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US Tariff Developments and Global Trade Reactions
Further to our recent update on the major changes to US tariffs (link), the global trade landscape remains highly fluid, with the situation evolving rapidly.
Last Wednesday, 2nd April, President Donald Trump announced a comprehensive tariff strategy, imposing a universal 10% tariff on all impo...
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