News

Update – Trump Pauses Tariffs on Canada

President Trump has agreed to pause the newly announced tariffs on Canadian imports for 30 days following discussions with Canadian Prime Minister Justin Trudeau. This decision comes after Canada committed to enhancing border security measures, including a $1.3 billion plan…

Update – Trump Pauses Tariffs on Mexico

On February 3, 2025, President Donald Trump announced a temporary pause on the new 25% tariffs on goods entering the U.S. from Mexico. The pause will last for one month, providing time for continued negotiations. This development comes after Mexican…

New Tariffs Target Mexico, Canada, and China

On February 1, 2025, President Trump issued three executive orders imposing new tariffs on imports from Canada, Mexico, and China, set to take effect on February 4, 2025. These tariffs will be 25% on goods from Canada and Mexico, and…

Explosion aboard the YM Mobility rocks Ningbo

On August 9th, 2024, a powerful explosion occurred aboard the YM Mobility at the Port of Ningbo, one of China’s busiest ports. The YM Mobility is a 6589 TEU vessel, built in 2011 operating between Asia and the Middle East…

China 301 Tariffs Postponed

In response to over 1100 comments that have been submitted for review, the Office of the U.S. Trade Representative (USTR) has announced a postponement of the implementation of certain modifications to Section 301 tariffs on Chinese goods, originally set for…

Attacks on shipping continue in the Red Sea

On August 3, 2024, the Houthi rebels launched a missile attack on the Liberian-flagged container ship Groton while it was traversing the Gulf of Aden. This incident marked the first assault in two weeks, after a brief period of calm…

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