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Transpacific ocean rates continue to slide; Air cargo out of the Middle East still recovering – July 08, 2025 Update

Freightos

Home Transpacific ocean rates continue to slide; Air cargo out of the Middle East still recovering – July 08, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. China – Europe prices are down 12% in the last month to $3.35/kg,

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Trump Unveils New Tariff Rates, Including 50% Levy on Brazil

Supply Chain Brain

Trump’s letters on July 7 targeted countries including Japan, South Korea, South Africa, Indonesia, Thailand and Cambodia. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. and Vietnam have been far short of comprehensive, leaving many details unclear.

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Lululemon Sinks 20% With Tariffs, Fashion Shift Hitting Results

Supply Chain Brain

But tariff and consumer uncertainty is masking it.”

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

These include: tariff elimination on at least 92 percent of goods traded between RPCs; simplified customs procedures to expedite the clearance of cargo, with a six-hour ceiling for express and perishable items; and easing of rules of origin definitions. RCEP Benefits for Singapore, according to the country’s Ministry of Trade and Industry.

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Trump’s April Tariffs – Rundown, Implications and Freight Impact

Freightos

For example, goods from the below countries some of the major China alternatives will meet accelerated tariffs: Vietnam: 46% India: 27% Bangladesh: 37% Cambodia: 49% Canada, Mexico and Automotive This weeks order excludes Canada and Mexico from global or reciprocal tariffs. If things do play out this way, the freight market will suffer too.

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