(732) 905-7081
Lili, Author at Best Ship Consultants
New Tariff Updates: Steel, Aluminum, and Other Key Changes
August 12, 2025

China Tariffs: Deadline extends for 90 Days

We want to inform you of an important update regarding U.S.-China trade relations. On Monday, August 11, 2025, President Donald Trump signed an executive order extending the current tariff pause with China for an additional 90 days, until November 9, 2025. This decision was made just hours before the existing pause was set to expire […]

Read More >
August 7, 2025

Tariff Update: India now has 50% tariffs

Additional 25% Tariffs on Indian Imports Effective August 27, 2025 President Trump has signed an Executive Order imposing an additional 25% tariff on Indian imports, increasing the total tariff rate to 50%, due to India's continued purchases of Russian oil. This move aims to pressure India into reducing its trade with Russia amid the ongoing […]

Read More >
July 8, 2025

President Trump Executive Order Delays July 9 Reciprocal Tariff Implementation to 12:01 a.m. ET Aug. 1

President Trump issued an Executive Order which officially postpones the effective date of the country-specific reciprocal tariffs from 12:01 a.m. ET on July 9 to 12:01 a.m. ET on Aug. 1. The country-specific reciprocal tariffs were first announced by the Trump Administration on April 2, but were postponed 90-days on April 9. "I have determined, […]

Read More >
US-Vietnam Trade Deal Announced with 20% Tariff
July 7, 2025

US-Vietnam Trade Deal Announced with 20% Tariff

President Donald Trump announced on July 2, 2025, a trade deal with Vietnam, imposing a 20% tariff on Vietnamese goods and a 40% tariff on transshipped products. In return, Vietnam will grant the US zero-tariff market access. This agreement comes just before the July 9 deadline, which would have seen higher 46% tariffs imposed on […]

Read More >
New Tariff Updates: Steel, Aluminum, and Other Key Changes
July 7, 2025

New Tariff Updates: Steel, Aluminum, and Other Key Changes

Updated tariffs on Steel and Aluminum Products The tariff rate on steel and aluminum imports has been increased from 25% to 50% for all countries , effective June 4, 2025, 12:01 a.m. EDT. UK Imports: Steel and Aluminum imports from the United Kingdom will remain at a 25% tariff rate until July 9, 2025, pending […]

Read More >
Appeals court grants stay on the tariff ruling
July 7, 2025

Appeals court grants stay on the tariff ruling

The U.S. Court of Appeals for the Federal Circuit granted an administrative stay, allowing the 'Reciprocal' and 'Fentanyl' tariffs to remain in effect pending appeal. As a result, there are no immediate changes to your customs filing or tariff payments obligations. Background The U.S. Court of International Trade (CIT) ruled on May 28, 2025, that […]

Read More >
July 7, 2025

Expiration of Reciprocal Tariff Pause

As a reminder, on April 2nd, the President announced individual reciprocal tariff rates for each country. However, on April 10th, a 90-day pause was implemented for most countries, and a separate 90-day pause began on May 12th specifically for China, leaving a 10% base rate in place for both. As we approach the end of […]

Read More >
May 22, 2024

Revisions of the Section 232 Steel and Aluminum Tariff Exclusions Process

The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce recently published an update to the Section 232 Steel and Aluminum Tariff Exclusions Process which will go into effect on July 1st, 2024, and we wanted to bring this to your attention. BIS has revised the process for requesting exclusions from the […]

Read More >
May 21, 2024

China Tariffs Update

Recent news on the results of the 4-year review on China Tariffs confirms the Office of the United States Trade Representative is proposing significant changes, increases, on specific products and no reductions on tariffs currently in place.  The exclusion process will be limited to some machinery used in domestic manufacturing and possibly some solar manufacturing […]

Read More >

415 Cedarbridge Ave- Suite#8,
Lakewood, NJ 08701

Powered by nextbracket.io