US to install country-specific tariffs Aug. 7
President Donald Trump signed an executive order Thursday officially codifying rates for nearly 70 countries while pushing back implementation by seven days.
President Donald Trump signed an executive order Thursday officially codifying rates for nearly 70 countries while pushing back implementation by seven days.
The two countries will continue to negotiate over a 90-day period during which imports from Mexico will avoid a planned 30% tariff from the Trump administration.
If the country retaliates, the U.S. will respond by raising its levies by an equal amount, per the executive order President Donald Trump signed Wednesday.
Panama’s legal challenge to CK Hutchison’s port concession adds a new hurdle to the conglomerate’s ongoing US$22.8 billion global port sale. Panama’s Comptroller General Anel Bolo Flores filed two lawsuits before the Supreme Court on Thursday, seeking to annul the concession granted to Panama Ports Company (PPC), a subsidiary of Hong Kong’s CK Hutchison, citing…
Long Beach-based TTI has welcomed six near-zero emission RTGs engineered for hydrogen fuel cell upgrades. PACECO Corp, a US subsidiary of Mitsui E&S, has delivered six “Near Zero Emissions” (NZE) Transtainer RTG cranes to Total Terminals International (TTI) at the Port of Long Beach, California. The new hybrid RTGs were offloaded at TTI’s Pier T terminal…
The food maker plans to expand manufacturing capabilities and boost innovation in the U.S., where 94% of its items sold are produced locally.
Insurance club issues warning after a “number incidents” involving hold fires and cargo damage in bulk carriers and general cargo ships. The London P&I Club has called on ship owners, operators and charterers to “address potential risks when loading Flexible Intermediate Bulk Containers (FIBCs) containing dry chemicals.” The Protection and Indemnity Association said it is…
The Georgia Ports Authority saw container throughput rise 8.6% in Fiscal Year 2025. The Georgia Ports Authority (GPA) processed 5.7m TEU in its Fiscal year ending on June 30 2025, an increase of 8.6% (465,000 TEU) on FY 2024. The FY2025 result is also higher than FY 2023, when the GPA processed 5.38m TEU, but…
Under the proposed agreement, imports from South Korea would be subject to a 15% tariff while U.S.-originating goods would be exempt from duties.
The plan includes levies on semi-finished copper products and their derivatives, a sales requirement for copper scrap, and some exceptions for auto parts.