Trump Weighs USVI Ship Registry Proposal to Boost Maritime Strength and National Security

The Trump administration is currently reviewing a bold proposal to establish a new international ship registry in the U.S. Virgin Islands—an initiative designed to expand the U.S.-flagged commercial shipping fleet, strengthen national security, and elevate the Virgin Islands as a critical player in global maritime commerce. Spearheaded by the Center for Ocean Policy and Economics (COPE),…

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Trump unleashes 10% global tariffs, with higher reciprocal rates

President Trump announced a baseline 10% tariff on U.S. imports, with steeper reciprocal levies on goods from a slew of other nations, including Europe, Japan and China. Why it matters: Trump’s announcement ends the free-trade era that has defined global commerce for decades — a move that risks higher consumer prices and economic damage. What they’re saying: “This…

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A Guide for the Public: How CBP Sets Bond Amounts

FOREWORDBonds are required for a wide range of transactions and activities, and are the primary tool used by U.S. Customs and Border Protection (CBP) to safeguard the revenue of the United States and ensure compliance with applicable laws and regulations. As such, it is imperative that the trading public have the information needed to properly…

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