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.
CBP: U.S. Issues Steep Tariffs on Imports from China, Hong Kong, and Macau
CBP: U.S. Issues Steep Tariffs on Imports from China, Hong Kong, and Macau
April 11, 2025/
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 under tariff code 9903.01.63 at a 125% duty rate, while all other affected imports will face a 10% tariff. These measures are expected to remain in effect for 90 days, pending further developments in global trade negotiations.
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