What the heck is cargo insurance and who needs it? Last year, TRG helped us understand more about customs bonds. This year they’re back by popular request to talk with us about cargo insurance! Cargo insurance plays a vital role in protecting your goods during transit, yet many businesses overlook its importance or misunderstand its application. In this webinar, TRG will provide a high-level overview of cargo insurance, focusing on the different types of coverage, key considerations, and the process of selecting the right policy for your needs. We’ll also delve into the intricacies of claims and how to ensure that your shipments are adequately protected from potential risks.
Trade News
DOJ: Crypto Exec Indicted for Laundering Millions Through U.S. Banks
The United States Department of Justice unsealed an indictment against Iurii Gugnin, owner of cryptocurrency company Evita, for funneling > $500 million of payments through US banks / crypto exchanges while hiding the source and purpose of the transactions. Read…
IEEPA: Tariffs Case Heads to Full Appeals Court
In an IEEPA update, the Court of Appeals for the Federal Circuit granted the motion to continue collecting IEEPA fentanyl and reciprocal tariffs while the appeal is ongoing. They also said that since this is such an important case, they’re…
USDA: Livestock Imports Suspended Over Screwworm Outbreak
The U.S. Secretary of Agriculture has suspended the importation of live cattle, horses, and bison through southern border ports in response to the spread of New World Screwworm in Mexico. The measure aims to prevent the parasite from entering and…
Justice: Foreign Nationals Indicted in Plot to Harass
Milwaukee and LA juries both indicted foreign nationals (one of China, the other a UK citizen/US permanent resident) with interstate stalking and conspiracy to commit interstate stalking, as well as conspiracy, smuggling, and violations of the Arms Export Control Act.…
OFAC: Issues Guidance on Syria Sanctions
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has released a Fact Sheet and updated FAQs clarifying the scope of Syria General License 25. The guidance outlines authorized activities during the transition period and aims to assist businesses and…
U.S. and China Suspend Tariffs in 3-Month Effort to Mend Trade Relations
As of May 14, 2025, the United States and China have agreed to a 90-day suspension of tariffs. While most duties are paused, the U.S. will maintain a 10% reciprocal tariff under the International Emergency Economic Powers Act (IEEPA). Both…
BIS: Launches Section 232 Investigation into Commercial Aircraft and Jet Engine Imports
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has initiated a Section 232 national security investigation focused on imports of commercial aircraft, jet engines, and related parts. Stakeholders and industry participants are invited to submit comments, which…
CBSA: Canada Issues Notice 25-19 Allowing Duty Refunds on Certain U.S. Origin Goods
Canada has issued Notice 25-19, outlining a remission process for surtaxes on U.S.-origin goods effectively allowing duty refunds. The notice covers goods used in Canadian manufacturing, processing, and food and beverage packaging, as well as items tied to public health,…
BIS: Inclusion Process Opens for Expanding Section 232 Derivative Tariffs
The Bureau of Industry and Security has launched a new inclusion process under Section 232, allowing U.S. manufacturers and trade associations to request the addition of derivative steel and aluminum products to existing tariffs. The initial submission window began on…
CBP: Section 232 Tariffs on Auto Parts Take Effect May 3
CBP has announced a temporary suspension of a regulatory exception affecting certain low-value international mail shipments. Effective April 30, 2025, informal (Type 11) entries are permitted under the revised rules. Starting May 3, 2025, formal entries will be required for…
CBP: New Guidance on De Minimis Mail Entries and Temporary Rule Suspension
CBP has announced a temporary suspension of a regulatory exception affecting certain low-value international mail shipments. Effective April 30, 2025, informal (Type 11) entries are permitted under the revised rules. Starting May 3, 2025, formal entries will be required for…
CBP: U.S. Issues Steep Tariffs on Imports from China, Hong Kong, and Macau
An update was published under the April 9, 2025, Executive Order titled “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment.” The order imposes steep new rates: items originating from China, Hong Kong, and Macau will now fall…