Welcome back to another "uneventful" week in Global Freight. 📍 This week, Eytan opens with a dad-joke for the ages: What is the White House's favorite craft beer? An IEEPA. 🍺 (International Emergency Economic Powers Act). It’s a bitter brew that the Supreme Court just poured down the drain.

In this episode #21, Judah and Eytan break down the Section 122 Pivot. After SCOTUS struck down the IEEPA tariffs, the administration moved at record speed to implement a 10% global tariff using "Balance of Payments" law. It’s a 150-day stopgap that expires in July, effectively flattening the trade landscape—but at what cost?

We also cover:

• The Refund Mess: FedEx is suing for their money back, but don't expect a quick check in the mail.
• The Panama Canal Power Move: Why the US pushed out Hutchinson Ports and handed the keys to Maersk and MSC.
• Cyclone Bombs: How the second major storm in weeks is rattling Northeast logistics.

Full weekly update here: Ocean rates ease as LNY begins; US port call fees again?

Freightos Trade War Update: Trade War Update: Supreme Court Cancels IEEPA – Analysis and Implications

Chapters: 

00:00:00 — The IEEPA Joke & the SCOTUS Bombshell. 

00:01:30 — Section 122: The 10% Global Stopgap (and the jump to 15%). 

00:03:00 — Flattening the Landscape: From China to Brazil. 

00:05:30 — The Velocity Shift: Why "Weekend Tariffs" are officially dead. 

00:08:15 — The $175B Refund Mess: FedEx sues the government. 

00:10:00 — The Panama Takeover: Maersk, MSC, and the end of Hutchinson.

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