Strait of Hormuz Closure- What You Need to Know
On February 28, 2026, geopolitical tensions in the Middle East escalated sharply following an Iranian attempt to close the Strait of Hormuz. The situation has rapidly evolved from diplomatic warnings to active kinetic conflict, severely disrupting global maritime trade. Key Developments Tensions in the Strait of Hormuz have reached a critical flashpoint following a declaration by the Islamic Revolutionary Guard […]
New Section 232 Proclamation Overhauls Tariffs on Steel, Aluminum, and Copper Products
On April 2, 2026, the President issued a sweeping new proclamation modifying existing Section 232 tariff regimes on steel, aluminum, and copper imports. The changes represent one of the most significant expansions of these tariffs since their initial implementation in 2018 and will have immediate implications for importers, manufacturers, and supply chains. The new measures take effect for goods entered […]