GUIDES

Reciprocal Tariffs

Reciprocal tariffs are taxes imposed on goods imported from another country in response to unfair tariff policies of that country.

Freight Rate Decline and Market Implications

Between July 11, 2024 and March 20, 2025, the Drewry World Container Index — a benchmark for freight rates across the world’s eight major maritime routes — recorded a significant decrease of 61.6%, marking the lowest point in over a year.