March 12th, 2025 Trade Alert Update: Section 232 Tariff – 25% On All Derivative Products Begins The Customs and Border Protection (CBP) agency released a Cargo Systems Messaging Service (CSMS) notification at 9:24 PM last night, providing guidance on the new tariffs for steel and aluminum. According to this message, tariffs on ALL derivative…
The International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) have reached a tentative agreement. While specific details have not been released, it has been announced that ILA members will receive a 61.5% salary increase under this agreement, and the Master Contract will be extended until January 15th, 2025. This agreement will suspend the…