Tariff Talk Thursday is Back!
Visit our Events page for details or register here.
Tariff Talk Thursday is Back!
Visit our Events page for details or register here.
MARCH 2026
Over the past month, global supply chains have remained under significant pressure due to a combination of geopolitical tensions, regulatory uncertainty, capacity constraints, and rising fuel costs. The ongoing conflict in the Middle East has disrupted key air and ocean freight routes, increasing transit times and driving up transportation rates across all regions of the world. Although there are early signs of stabilization in domestic trucking capacity, elevated diesel prices and market volatility continue to impact ground freight. Overall, the month has been defined by uncertainty and disruption, requiring shippers to stay agile and proactive in navigating both operational challenges and policy changes.
The turn to March saw adjustments to Section 122 tariffs, setting a global rate of 10%, while reciprocal tariffs reached their end of life, leaving importers on hold as they await guidance on how to seek refunds for IEEPA tariffs. Hopes are high that more details on the refund process will be released as the month closes. All eyes are on investigations that could introduce new tariffs on countries or commodities under Sections 301 and 232. While there has been no formal customs action, the FCC has banned new routers from importation. Routers with existing approvals are permitted, and a waiver application process is in place.
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