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New U.S. Global Tariffs Take Effect, Renewing Uncertainty for Forwarders and Shippers
The U.S. Airforwarders Association (AfA) has voiced concern following the U.S. government’s imposition of a 10% global import tariff under Section 122 of the 1974 Trade Act. The decision comes after the U.S. Supreme Court invalidated the use of the International Emergency Economic Powers Act (IEEPA) as a legal basis for previous tariff actions, according