Japanese shipowners are typically conservative, and few Japan-linked vessels have passed through the Strait of Hormuz since Tehran effectively closed off the waterway.
he proposed tariffs would exempt some products, including beef, coffee, rare earth metals, aircraft equipment and certain fruits and vegetables, among the main goods the U.S. imports from Brazil.
A judge on the U.S. Court of International Trade, has indicated concern that the government has not fully complied with a directive to return all of the money amassed under IEEPA duties.
Airlines have reported a marked improvement in the quality of newly-delivered planes since Boeing made sweeping changes to its safety procedures and supplier practices.
While the immediate impacts of the ruling have yet to fully take shape, what's clear is that moving forward, freight brokers will have to take on substantially more liability.