Tariff Talk Thursday is Back!
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Tariff Talk Thursday is Back!
Visit our Events page for details or register here.
JUNE 12, 2025
The transportation market remains unsettled. While air freight capacity and rates have shown little to no significant change, ocean freight continues to face mounting pressure. Capacity is tightening, and vessels are filling up quickly as shippers rush to move goods ahead of the July 9th tariff pause deadline. Despite this surge, U.S. port congestion appears stable. There have been no major increases in delays related to container availability or retrieval—a promising sign that ports are managing current volumes effectively and avoiding overload.
Importers and brokers alike are eagerly awaiting official guidance on the pending U.S.–China trade agreement. According to media and social media reports, import tariffs on goods from China could rise to 55% following the deal’s signing. This figure is expected to reflect a stacking of existing duties: the current 20% under IEEPA, 10% Reciprocal Tariff, and an average of 25% from previously assessed Section 301 or 232 tariffs.
Additional elements of the agreement are expected to address U.S. access to rare earth minerals and expanded access for Chinese students to study in the U.S.
OCEANAIR will issue a Compliance Exclusive as soon as official details are released.
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