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Top SmarTrade News

Tariffs · United StatesA federal appellate court on Tuesday granted the Trump administration’s request to keep the president’s far-reaching tariffs in effect for now but agreed to fast track its consideration of the case this summer.
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Trump tariffs may remain in effect while appeals proceed, US appeals court rules
56% Center coverage: 228 sources

Sanctions · RussiaOn June 18, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Russia-related General License (GL) 55D, “Authorizing Certain Services Related to Sakhalin-2.” This general license authorizes certain services that would otherwise be prohibited under OFAC’s Russia sanctions program related to Sakhalin-2 involving the maritime transport of crude oil originating from this oil and gas development on Sakhalin Island, …Read Article
OFAC Amends Russia General License 55 Relating to the Sakhalin-2 Oil and Gas Project

China · ChinaOn June 12, the Office of the U.S. Trade Representative (USTR) proposed two modifications to its April 17 announcement of actions under Section 301, which are scheduled to take effect starting on October 14, 2025. The actions aim to counter China’s dominance in the maritime sector. The first proposed modification would revise the method for calculating service fees on Chinese-owned, operated, or built vessels. The second would eliminate the USTR…See the Story
USTR Proposes Modifications to Section 301 Actions on Chinese Vessels and Maritime Transport Operators
US and UK Implement General Terms of Trade Deal
After Donald Trump, European Union Also Lifts Sanctions on Syria—but with Conditions
42% Right coverage: 12 sources