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Spain Restricts Israel-Bound Vessels and Aircraft Carrying Weapons

Spain Restricts Israel-Bound Vessels and Aircraft Carrying Weapons

The Spanish Prime Minister has announced measures banning vessels and aircraft carrying weapons for Israel from Spanish ports and airspace….

Updated Insurance Valuation Recommendations Following U.S. Import Tariff Increase

Updated Insurance Valuation Recommendations Following U.S. Import Tariff Increase

Following the recent increase of U.S. import tariffs, updated insurance valuation is recommended. Currently, the standard insurance basis is 110%…

U.S. government order imposing a 50% tariff on hundreds of products containing steel and aluminum components imported into the United States, effective August 18, 2025

The U.S. Department of Commerce, Bureau of Industry and Security (BIS), is adding 407 Harmonized Tariff Schedule of the United…

US Issues New Order Imposing 40% Duties and Penalties on Goods Routed Through Third Countries to Evade Tariffs

On July 31, 2025, the United States announced a new order targeting transshipment practices and goods routed through third countries…

U.S. De-Minimis customs exemption to end in August 2025

On July 30, 2025, President Trump issued Executive Order (14324) ending the De-Minimis tariff exemption (shipments under $800) for all…

U.S. updates tariffs on Imports to address trade imbalances

On July 31, 2025, the U.S. administration issued an executive order imposing tariffs on imports from countries with imbalanced trade…

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