Insights

Trade Agreement with Vietnam

July 02, 2025.
Trade Publications

President Donald J. Trump announced on Wednesday, July 2nd, that a tariff rate of 20% has been established on U.S. imports from Vietnam. He also interated that the tariff duty for goods produced in another country and shipped through Vietnam for import to the U.S. will be 40%. In...

Sales Tax Holiday 2025 – Skip the Tax, Not the Cart

July 02, 2025.
Tax Publications

What is a Sales Tax Holiday? A sales tax holiday is a limited-time event during which certain items are exempt from state and/or local sales tax. These holidays are typically implemented by governments to encourage spending during key periods — most commonly around the back-to-school season, severe weather preparedness...

Leveraging the Logistics Performance Index for Strategic Warehouse Location Planning in Asia

June 30, 2025.

Case Study Background Global firms seeking to expand distribution networks in Asia through nearshoring or international warehousing often face the challenge of choosing optimal locations for establishment. The objective was to enhance delivery efficiency, reduce transportation costs, and increase service responsiveness to regional demand centers. As part of the decision-making...

Canada Rescinds Digital Services Tax (DST)

June 30, 2025.
Trade Publications

On Friday, June 27, 2025, Canada confirmed it would continue with its plans to impose a 3% digital services revenue tax that a firm takes in from Canadian users above $20 million in a calendar year. The tax was to be determined based on revenue earned from: Certain digital services that rely on...

Decarbonizing EU Maritime Transport: ETS and FuelEU Maritime Regulations

June 30, 2025.
Logistics Publications

Maritime transport plays an essential role in the EU economy and has also the biggest impact on the greenhouse gas emissions. The European Union is taking measures to significantly reduce the emissions in the maritime sector. The key milestone came with inclusion of maritime emissions in the EU Emission Trading...

Global Supply Chain Disruptions Intensify Amid Israel-Iran Conflict

June 27, 2025.
Logistics Publications

The escalation between Israel and Iran is impacting logistics on a global level. National strikes are affecting critical services at the Port of Antwerp-Bruges with pilotage delays and partial lock closures slowing vessel movements. With tension increasing, inbound and outbound traffic is primarily hampered by suspended pilotage services; a key...

Global Logistics Impact Report: Israel-Iran Escalation

June 13, 2025.
Logistics Publications, Trade Publications

Key Points Israeli airstrikes on Iran triggered immediate global logistics repercussions. Major impacts: shipping reroutes, oil price surges, air cargo delays. Resulting in higher freight costs, extended lead times, and elevated security risk. Maritime Disruptions Elevated risks in the Strait of Hormuz & Red Sea: ...

Navigating Tariff Increases and Their Impact on Sales Tax

June 10, 2025.
Tax Publications, Trade Publications

President Trump’s trade agenda has established increased tariffs on goods imported into the United States. Tariffs, which are taxes or duties imposed on specific classes of imports or exports, are expected to drive up the average cost of a wide range of imported goods. In anticipation of this,...

2023 Logistics Performance Index: Recap, Key Takeaways, and Anticipation for the Future

June 05, 2025.
Logistics Publications

In anticipation of the expected 2025 release of World Bank’s Logistics Performance Index results, we take a moment to recap some of the findings from the most currently released Logistics Performance Index. The World Bank Logistics Performance Index (LPI) scores countries on how efficiently they move goods across and...

Section 232 Tariffs: Aluminum and Steel Tariff Increase, and More from the White House on Short Notice

June 04, 2025.
Trade Publications

On Friday, May 30, 2025, President Trump announced the additional tariff rate against articles of steel and aluminum would be doubling on June 4 to 50%. Late evening on Tuesday, June 3, US Customs published details of changes, set to go into effect at 12:01am on the following day, Wednesday, June 4. These changes, now live...

Out of Sight, Out of Pocket: How Assets Become Unclaimed Property

June 04, 2025.
Tax Publications

Each year, millions of dollars in assets go unclaimed—not because of fraud or theft, but due to everyday oversights and administrative mishaps. From missed mail following a move to forgotten checks or uncashed refunds, there are many ways property can slip through the cracks. Whether caused by lack...

Trade News Round Up: Aluminum and Steel Tariff Increase, IEEPA Litigation, and Section 301 Exemptions

June 02, 2025.
Trade Publications

The Federal Court of Appeals has issued a stay of the ruling made by the Court of International Trade (CIT) declaring the Trump Administration’s tariffs under the International Emergency Economic Powers Act (IEEPA) unlawful. The IEEPA tariffs will remain in place in the interim, during which both the...