Insights

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...

US Court Strikes Down Trump’s IEEPA Reciprocal and Opioid Tariffs

May 29, 2025.
Trade Publications

On Wednesday evening, May 28, 2025, the US Court of International Trade (CIT) ruled that the Trump Administration has made improper use of the International Emergency Economic Powers Act (IEEPA) to produce the major tariffs he has leveraged US trade policy with since he took office. The court has subsequently ordered that...

US Lowers Reciprocal Tariff on Chinese Imports to 10 Percent

May 13, 2025.
Trade Publications

Donald Trump has issued an executive order (EO) prescribing the means for reducing the 125% tariff against goods from China as a result of ongoing talks between the US in China in Geneva, Switzerland. Starting at 12:01 am on May 14, 2025, the 125% tariff against Chinese imports issued to address the trade imbalance between...

USA and China agree to “Cease-Fire,” Reduce Their Punitive Tariffs

May 12, 2025.
Trade Publications

As a result of talks in Geneva, Switzerland, the White House has announced that the US and China have agreed to take joint measures to deescalate the trade war between the two nations. Most significantly, the US has agreed to reduce its 125% IEEPA tariff on products from China down to 10%...