Whilst the EU was hopeful that wine and spirits would be excluded from the 15% tariff outlined by Trump, it has now been confirmed that these products will also be subject to the same rate. With the US the largest market for many European wine and...
The raft of tariffs announced by US President Trump have now started to take effect. Impacting over 90 countries, below is an overview of some of the rates as of the 7th of August 2025, as well as the status of ongoing negotiations: India: 50% ...
It is speculated that import volumes across American ports will experience a rebound throughout July before the implementation of tariffs on the 1st of August. According to market reports, imports into the USA are expected to rise from 2.06 million twenty-foot equivalent units (TEUs) in June...
Following the raft of tariffs announced in April, the global trade landscape continues to shift with a plethora of tariffs due to be finalised and announced on the 1st of August 2025. With negotiations continuing between the USA and countries across the globe still underway, below...
As mentioned in our previous newsletters, Trump has announced a series of tariffs on a multitude of nations in his quest to boost American manufacturing and industry. With the imminent deadline for tariff negotiations upon us on the 9th of July, outlined below is an...
As part of ongoing tariff discussions, the EU has confirmed that American whiskey will not be subject to the 50% tariff initially proposed as a response to the US tariff on European steel and aluminium. The decision to omit whiskey was in response to Trump's threat...
Spot rates rose in the eastbound trans-Pacific in response to the significant increase in cargo during the 90-day reprieve between China and the USA. Whilst many pricing indexes are yet to reflect the post-agreement rate increase, general rate increases are anticipated alongside reduced vessel capacity...
In the latest developments in the trade war between USA and China, reduced tariffs of 30% and 10% have been respectively announced, alongside a rollback on some of the steeper tariffs, giving both sides 90 days to continue negotiations. Regardless of the de-escalation of the trade...
The Australian wine industry will inevitably feel some impact from Trump's 10% tariff however, they are more favourably positioned when compared to other wine markets such as those within the European Union who have been hit with a 20% tariff or South Africa who has...
The 2nd of April saw Trump unveil his schedule of tariffs which will vary by country. These duties will apply to all goods imported under current U.S. trade agreements, except where otherwise specified. Baseline Tariff Nations: including Australia and New Zealand According to the Executive Order (section...