Global Trade and Freight Updates for July 2026 Global Freight Demand Is Rising but the Market Is Moving at Different Speeds Recent market data shows international freight activity holding strong as the second half of the year gets underway. U.S. cont
New Section 301 Forced Labor Tariffs Take Effect July 24, 2026 To Our Valued Partners, New Section 301 Forced Labor Duties Take Effect July 24 The Office of the United States Trade Representative has imposed new Section 301 duties on covered products
Section 122 Tariff Surcharge Scheduled to End July 24 The temporary 10% Section 122 import surcharge is currently scheduled to end at 12:01 a.m. Eastern Daylight Time on July 24, 2026. This means the scheduled end occurs at the beginning of July 24,
New 50% Section 338 Tariffs on Certain Canadian Goods To Our Valued Partners, New 50% Section 338 Tariffs on Certain Canadian Goods Effective August 19, 2026 On July 20, 2026, President Trump signed three proclamations under Section 338 of the Tariff
Brazil Section 301 Tariff Update To Our Valued Partners, The Office of the U.S. Trade Representative has issued a final Section 301 action that adds a 25% tariff to most products of Brazil, subject to specific exemptions. The additional tariff appli
IEEPA CAPE Update To Our Valued Partners, CBP filed a July 13 declaration with the U.S. Court of International Trade providing an updated status on IEEPA tariff refunds being processed through CAPE. The latest update shows continued progress in refun
