United States: Marine/ Shipping

Over the past several weeks, there has been a flurry of tariff updates affecting importers across multiple industries. From tariffs on heavy-duty vehicles and timber to 232 exclusions and vessel fees, the trade landscape is moving fast, and staying compliant is more challenging than ever.

On Oct. 10, the United States Trade Representative (USTR) announced modifications to its Section 301 Action related to China's Targeting of Maritime, Logistics, and Shipbuilding Sectors for Dominance.

Delivery terms aren't just legal fine print—they are strategic terms that can drastically shift the costs and obligations between the parties to a contract, especially when tariffs are involved.