Tag: ocean_freight

U.S. Reduces Tariffs on Taiwanese Goods Amid Global Logistics Strain

28 May 2026 3:39 p.m. · Source: Flexport Global Logistics Update

The U.S. has lowered Section 232 tariffs on Taiwanese auto parts, wood products, and civil aircraft components, retroactive to May 1, 2026. Meanwhile, global ocean and air freight markets are experiencing significant capacity constraints and rising rates.

Politics and Government Business World Economy Trade Federal Government Transportation Asia Europe Tariffs Taiwan Section 232 CAPE Refund System Ocean Freight Air Freight Global Logistics Flexport Global Logistics Update