Canada Has Until August 19 to Head Off 50% Tariffs on $20 Billion in Goods
Canada’s August 19 tariff deadline, $100B in refunds paid, a record $9,400 East Coast rate, and an AI crackdown on transshipment in this week’s freight report.
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Importers Are Selling Their Tariff Refund Claims for Cash
Importers are selling IEEPA refund claims for cash, Commerce proposes 14 more metal tariff categories, and diesel rises a fourth straight week.
Section 301 Forced Labor Tariffs Challenged in Court
A lawsuit challenges the Section 301 tariffs and seeks refunds, Mexico’s value declaration goes live August 1, and diesel climbs another 18 cents.
New Section 301 Forced Labor Tariffs Replace the Expired 10% Global Surcharge
New Section 301 forced labor tariffs replaced the expired 10% global surcharge, a 50% action hits Canada, and diesel jumped 34 cents in a week.
Russia’s Diesel Export Ban Ends an Eight-Week Slide in Fuel Costs
Russia’s diesel export ban ended eight weeks of falling fuel prices, CAPE opened $71bn in tariff refunds, and Asia port congestion hit a four-year high.