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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.
Read MorePegasus 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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