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Trade Alerts
Trade Alert: Trump Tariffs
May 12th, 2025 Trade Alert Update: U.S. Lowers Chinese Reciprocal Tariffs Beginning on May 14th, the United States and China will reduce their reciprocal tariffs by 115% while maintaining a 10% baseline tariff. This agreement was reached after representatives of the two countries met in Geneva, Switzerland, over the weekend. Both nations dropped tariffs from 125%…
An Agreement Has Been Reached Between the ILA and USMX
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…
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