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We just received a summary of the hearing today on the IEEPA tariff refund from our Toasts Not Tariffs Coalition leadership as follows:

Ocean carriers are quickly reacting to the war launched by the USA and Israel against Iran. Carriers are re-routing vessels away from the Strait of Hormuz, as well as instituting “Emergency Conflict Surcharges” for cargo moving to or from the region, including Iraq, Bahrain, Kuwait, Yeme

Customs and Border Protection has issued