Trade

Late last week, the U.S. Court of Appeals for the Federal Circuit issued a ruling, by a 7-4 margin, in which it stated the majority of the IEEPA (International Emergency Economic Powers Act) tariffs rolled out by the White House are illegal. Tariffs will remain temporarily in place until October 14, which will give the White House time to appeal its case to the Supreme Court.

This marks a shift in policy compared to the high tensions between the nations going back to when President Trump re-entered the White House in January.

July imports, at 3.01 million TEU (Twenty-Foot Equivalent Units), headed up 3.7% annually, topping the 2.90 million TEU in July 20214, and cracking the 3 million TEU mark for the first time.

In this podcast, Logistics Management Group News Editor Jeff Berman interviews Greg Husisian, partner and litigation attorney with Foley & Lardner LLP.

POLA reported that total July volume, at 1,019,837 Twenty-Foot Equivalent Units (TEU), increased 8.5% annually, marking the highest-volume month in the port’s 117 years of operations. The Port of Long Beach reported that total July volume, at 944,232 TEU, rose 7% annually, setting a new July record, topping the previous high set in 2024, while posting the third-highest tally, for any month, on record for the port.

Economists warn the move could raise prices and push the country toward recession.

Following a 90-day pause rolled out in May, which was set to expire today, the White House said yesterday, in an Executive Order, that tariffs on United States-bound imports from China will remain at current levels for another 90 days, through November 10.

As tariffs and trade policy continued to create uncertainty, there were indications of increased industrial real estate leasing activity in the second quarter, according to the new edition of the Industrial Business Indicator (IBI), which was recently issued by San Francisco-based real estate investment trust company Prologis.

In this podcast, Logistics Management Group News Editor Jeff Berman interviews Jonathan Todd, Partner and Vice-Chair, Transportation & Logistics, at Benesch, a Cleveland-based law firm.

A common refrain among industry stakeholders has been that they know tariffs are coming, or have already arrived, but they badly want, and need, some clarity and stability on tariff rates in order to effectively take action, as it relates to a whole host of things, including: operations; sourcing and procurement; inventory management; capital expenditures; and hiring and staffing, among many others.

Following a late July development, in which the framework of a large trade deal between the United States and the 27-nation bloc comprising the European Union, which collectively represents the largest trading partner for the U.S., was finalized, various reports published earlier this week stated that the EU is pausing is planned tariffs on U.S. goods, originally set for August 7, for six months, providing more time for both sides to come to terms on a broader agreement.

With tariffs shaping global trade, U.S. importers must adapt to an increasingly complex environment. This comprehensive guide explores current tariff mechanisms, including Section 301, Section 232, and IEEPA, highlighting the impact on businesses. As legal challenges and negotiations unfold, importers must proactively manage their tariff exposure, monitor regulatory developments, and optimize inventory strategies. Key tactics like accurate HTS classification, tariff forecasting, and using U.S. Foreign-Trade Zones (FTZs) can help mitigate risks and maintain cost competitiveness in 2025’s unpredictable market.

While some previous implementation dates for the White House’s reciprocal tariffs placed on goods imported into the United States had seen those dates pushed back, or paused, that was not the case this time around.

The overall outlook remains fluid, in terms of the pace and also significance of trade deals being made up to the August 1 deadline. John Lash, group VP of product strategy for connected supply chain platform services provider e2open, provided LM with his analysis of what shippers may be in store for when the new tariffs formally take effect.

With only a few days left until the end of the reciprocal tariff pause between the United States and its trading partners, the framework of a large trade deal was brokered yesterday between the U.S. and the 27-nation bloc comprising the European Union, which collectively represents the largest trading partner for the U.S.