Two Minutes in Trade - Congress Passes Landmark Ocean Shipping Reform Act and President Signs Into Force

Last week the President signed into law the Ocean Shipping Reform Act (OSRA). The OSRA is the first major legislation related to the Shipping Act in 20 years. Among other things, the OSRA will help ensure that U.S. shippers are not charged unreasonable fees by carriers and that U.S. exporters will be granted access to cargo unless refusal is explicitly justified.

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Staying on top of the international trade developments in Washington can be difficult, but listening to Two Minutes in Trade is like having your own daily briefing. The podcast covers topics including the Section 301 tariffs on China, free trade agreements like the USMCA, and legislative responses to trade issues. TMIT features customs attorneys and trade consultants from the international trade law firm of Sandler, Travis and Rosenberg, P.A. Learn more at www.strtrade.com.