March 2022-China's lockdowns and Ukraine conflict effects on the Marketplace

You may all have heard it through the grapevines, China is starting lockdowns again. Shenzhen is in complete lockdown while other cities like Shanghai and Qingdao are increasing safety measurements. Terminals at present are open but with factories closing, as reported in the media – the Hang seng takes a dive today dropping 1K points .

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MEMO II

Updates on Tariffs as of April 10th from CBP

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Tariff Memo from CBP

CBP provided an update regarding Exception to the Reciprocal Tariffs for shipments that loaded on vessel prior to April 5th 12:01am EDT and are in transit. The update states that the exemption will only apply to these shipments if the shipment is arriving AND released BEFORE May 27th, 2025 12:01 EDT.

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Memo: CBP

Tariff Update from CBP. Information as of April 4, 2025

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Pegasus Market Update Q2 2025: No.18

Below is a quick recap of our interpretation of the Reciprocal Tariffs that were announced yesterday, April 2, 2025. We will provide you with more information once receive from CBP.

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