A trade deal has been reached by the U.S. and India which will reduce U.S. tariffs on Indian goods to 18% from 50% (effective immediately) in exchange for India halting Russian oil purchases and lowering trade barriers. This agreement includes goods such as textiles and apparel,...
The ongoing US-Canada tariff battle continues to impact the wine and spirits sector across both sides of the border. Whilst Canada may be a small market compared to the US, with just 41 million residents compared to the U.S.'s 340 million, their decision to remove all...
Whilst ports across the US held onto market share in 2025, which was predominately due to tariff-related frontloading, declining US-bound retail container imports are anticipated to continue well into the upcoming year, according to the Global Port Tracker Report. Based on a recent survey conducted across...
As US real GDP growth slows and consumer spending dwindles, container cargo volumes are projected to range from flat to down 2% in 2026 compared to this year, resulting in a challenging year ahead for the US ports sector. US trade policy remains the primary factor...
The new year will see the redecking of the Vincent Thomas Bridge commence. With an anticipated project duration of approximately 18 months completion is planned for 2028. A critical connection in the Los Angeles port complex, the Vincent Thomas Bridge is located at the entry to...
This past fortnight has seen the US Supreme Court hear arguments around the legality of President Donald Trump's "liberation day" tariffs applied to most countries around the world. Whilst the US president had earlier claimed his trade tariffs will not affect US businesses, workers and consumers,...
The Port of Oakland experienced a decline in September cargo volumes (TEUs) due to market adjustments amid tariff uncertainty and the frontloading of cargo earlier in 2025. It handled 178,942 twenty foot equivalent units (TEUs) over the month, as loaded imports amounted to 75,716 TEUs,...
In addition to the US-China update, the Trump administration has announced the following changes with regards to ongoing tariff discussions: Canada The U.S. reignited trade tensions with Canada by imposing a new 10% tariff on Canadian imports, despite the existing USMCA agreement. Currently, there is neither a...
China and the USA have agreed to suspend port call fees on each other's vessels for a period of a year, delivering temporary relief to global shipping companies caught in escalating trade tensions. This announcement is part of a broader truce between the two nations as...
The United States and Australia have signed a landmark bilateral framework, aimed at securing critical minerals and rare earths supply chains vital for defence, advanced manufacturing and clean-energy technologies. This multi-billion initiative includes multiple components from joint public and private investments in the mining and processing...