EU to Eliminate Duty Exemptions for Low-Value Goods: The European Council announced today that it had reached an agreement on eliminating duty-free treatment for goods valued under €150, citing unfair competition and environmental concerns.
Potential Tariff Cuts on Agricultural Products: Yesterday, U.S. Treasury Secretary Scott Bessent stated that the Trump administration plans to announce tariff cuts on certain agricultural goods, including coffee and bananas.
U.S. and China Begin Implementing Tariff Truce Measures: The U.S. and China have begun implementing provisions agreed upon during President Trump’s and President Xi’s meeting on October 30.
Flexport Market Update | Global Logistics Update: November 13, 2025 | Flexport
