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...
The US Alcohol and Tobacco Tax and Trade Bureau (TTB) has finalised a rule making permanent the system that allows foreign producers to assign excise tax benefits to importers under the Craft Beverage Modernisation Act (CBMA), effective as of the end of October. It also...
South Australian wine producers sold an additional $6.4 million of wine (an increase of 15.6%) to Canada in the five months after the country's largest liquor retailer; the Liquor Control Board of Ontario (LCBO), removed US wine from its shelves. The LCBO's decision to remove US...
Alcohol-industry trade bodies on both sides of the globe have expressed disappointment that the "framework agreement" on trade between the US and the EU sees European products facing a 15% tariff, with no exemption provided for the alcohol industry. From the EU perspective, this tariff is...
It is anticipated that China could impose its own port charges and bar ships in U.S. services under new regulations that raise the stakes in the trans-Pacific trade war with the United States. China's State Council amended regulations on international maritime transport, targeting countries that discriminate...
Cosco Shipping Container Lines and Orient Overseas Container Line (OOCL) have both confirmed their commitment to the continuation of reliable and stable services to the USA before the impending commencement of the port service fees. These fees, as detailed in our previous newsletter, are to be...