Trendwatch: Supreme Court to hear Trump’s tariff legality case in November; PSA doubles handling capacity at India’s largest container terminal; National Retail Federation: Imports declining following summer surge ahead of tariffs

Supreme Court to hear Trump’s tariff legality case in November

The Supreme Court agreed on Tuesday to an expedited hearing on the legality of President Donald Trump’s sweeping tariffs on U.S. trading partners.

The high court allotted one hour for oral arguments in the first week of November and gave all parties in the case, V.O.S. Selections, Inc., v Trump, until Sept. 19 to file opening briefs, followed by an Oct. 20 deadline for response briefs. The case consolidates two separate lawsuits filed by five small businesses and 12 states.

PSA doubles handling capacity at India’s largest container terminal

With the inauguration of its Phase 2 expansion, PSA Mumbai is poised to become India’s largest container terminal, doubling its annual handling capacity to 4.8 million TEUs.

Designed to accommodate multiple mega container vessels alongside with 2,000 meters of continuous quay length, PSA Mumbai is built to support India’s growing trade volumes for domestic and global markets.

The development is the result of SGD 1.7 billion ($1.3 billion) committed by PSA under a public-private partnership model, the largest foreign direct investment from Singapore in India to date.

National Retail Federation: Imports declining following summer surge ahead of tariffs

Following a near-record peak this summer, import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the year amid rising tariffs, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“We have seen the implementation of reciprocal tariffs across the globe, with a number of key trading partners being subjected to tariffs higher than the earlier 10% tariffs,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We also continue to see more and more sectoral tariffs impacting a wider scope of products. Retailers have stocked up as much as they can ahead of tariff increases, but the uncertainty of U.S. trade policy is making it impossible to make the long-term plans that are critical to future business success. These tariffs and disruptions to the supply chain are adding costs that will ultimately lead to higher prices for American consumers.”

Trump floats new tariffs on China, India to squeeze Russia

President Donald Trump told European officials he’s willing to impose sweeping new tariffs on India and China to push President Vladimir Putin to the negotiating table with Ukraine — but only if EU nations do so as well.

Trump made the ask when he called into a meeting with senior U.S. and EU officials in Washington, according to people familiar with the discussion who asked not to be identified discussing private deliberations. The U.S. is willing to mirror tariffs imposed by Europe on either country, one of the people said.

Chinese goods redirected to Germany due to US tariffs, researchers say

Chinese goods shipped to Germany surged at more than twice the pace of total imports in the first seven months of the year as U.S. tariffs disrupted global trade flows, according to a study by the Institute for Employment Research (IAB).

In the first seven months of 2025, imports from China rose by 10.5% to 97.6 billion euros ($114.23 billion), while total imports increased by 4.9% from January to July to around 796.6 billion euros, data from the German statistics office showed on Monday.

European airports report 1.5% cargo decline in July while Frankfurt posts 4.6% volume increase

Europe’s airports saw cargo volumes decline in July, despite the continent’s leading freight hub, Frankfurt, seeing demand improve.

The latest figures from Airports Council International (ACI) Europe show that overall cargo demand across airports on the continent was down 1.5% in July, with European Union (EU+) hubs reporting a 2% decline and non-EU+ airports registering a 2.1% increase.

When compared to pre‑pandemic volumes, freight stood at 10.4% higher.