On April 2 (Liberation Day), in an effort to mitigate trade deficits with U.S. global trading partners, President Donald J. Trump announced the reciprocal tariffs that would apply to each specific country. The reciprocal tariffs were postponed to take effect on July 9 – and again postponed to August 1.…
On July 9, President Donald J. Trump sent notifications to U.S. trading partners, primarily in Southeast Asia, advising each of the specific reciprocal tariff that will take effect on August 1 if a trade deal is not negotiated by then. In his letter he iterated that goods which are transshipped…
In April, US President Donald J. Trump announced an IEEPA reciprocal of 10% base tariff rate on most countries. Additional duties ranging up to 50%, as part of the April 2 Liberation Day reciprocal tariffs, were postponed to take effect on July 9. On Sunday, July 6, President Trump disclosed…
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 turn,…
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 windows,…
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…
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…
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…
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…