In an increasingly complex trade environment, recent tariff adjustments affecting imports from China, Mexico, and Canada warrant careful attention. These new measures—implemented without a transition period—will impact supply chains, operational costs, and strategic sourcing decisions. Tariffs on Mexico & Canada: 25% Duties on Most Imports Effective March 4, 2025, the United States imposed a 25%… Read more »
Update 2/7/25 President Trump has reinstated the de minimis exemption for Chinese imports—at least temporarily. The exemption, which allows duty-free entry for shipments valued under $800, was previously revoked as part of a broader tariff package. However, following significant industry pushback and concerns over customs processing delays, the administration has reinstated de minimis eligibility until… Read more »
Every year it’s important to look at the calendar to plan for first quarter shipments as the Chinese New Year celebrations shut down the factories and shipments coming from China. This year, we’re not only going to talk about the logistics side of Chinese New Year, but we’ll also touch a bit on the cultural… Read more »
After almost two years of ever-increasing tariff negotiations, the US and China have come to a preliminary “phase one” bilateral trade agreement. Key points of the agreement include agricultural exports from the US to China, intellectual property securities and both a reduction of current tariffs on the first three tranches of duties and a cancellation… Read more »
As suppliers search for new markets to source goods during the US China tariff negotiations, Vietnam is a natural fit. However, there is an increase in the worry that some goods are at risk of bearing a “Made in Vietnam” label even though they’ve actually been manufactured in China to avoid tariffs. Because the US… Read more »
Officially finalized on Wednesday after the WTO made a final ruling, the US plans to levy $7.5 billion in tariffs on luxury goods against the EU. Though European leaders have called for resolution without new tariffs, as the US also gave illegal subsidies to Boeing, there has been no settlement beyond the tariffs, so far…. Read more »
UPDATE 12.SEPT.2019 In what many hope are signs of a deescalation of the current trade war, China released a list of exemptions for their current tariffs against US imports. Fish meal, alfalfa, and lubrication oil are among the products listed for exemptions on the 25% tariffs imposed by China last year. In what he’s calling… Read more »
In an effort to avoid the impeding tariffs on goods from China, set to increase on January 1st but were pushed back to March 1st to give more time to the negotiations between these two nations, cargo has been streaming into ports and transferring to warehouses in a process called “front loading.” While this… Read more »