Tariff Timeline: A Real-Time Look at 2025’s Key Trade Shifts May 10th- U.S. and China Agree to 90-Day Tariff Retrieve The United States and China have reached a pivotal agreement to reduce mutual tariffs for 90 days, signaling a major de-escalation in their ongoing trade war. Starting May 14, U.S. tariffs on Chinese goods will drop from 145% to 30%, while China will suspend its … Read More
Canada Hits Back with $155B in Tariffs on U.S. Goods
“The moment U.S. tariffs came into effect this morning, so did the Canadian response. Canada will be implementing 25% tariffs against $155 billion of American products. Starting with $30 billion worth of goods immediately, and the remaining $125 billion in 21 days’ time”, was a LinkedIn post from Canadian Prime Minister, Justin Trudeau. This decisive move by Prime Minister Trudeau marks a significant escalation in … Read More
New Guidance on Additional Tariffs for Canadian Imports
As of March 4, 2025, new additional duties on imports from Canada are officially in effect. These tariffs, imposed under Executive Order 14193, are part of the U.S. government’s efforts to combat the flow of illicit drugs across the northern border and strengthen national security. If your business imports goods from Canada, it’s crucial to understand the changes and ensure compliance with U.S. Customs and … Read More
CBP’s Update on Increased Tariffs for Imports from China and Hong Kong
The U.S. government has escalated its trade measures against China and Hong Kong, doubling additional duties on imports from these regions. As of March 4, 2025, new tariffs of 20% apply to most imports, reflecting the latest action under the Executive Order on the Synthetic Opioid Supply Chain signed on March 3, 2025. U.S. Customs and Border Protection (CBP) has provided updated guidance for businesses … Read More
Tariffs, Inflation, and Investment: The Unfolding Economic Impact
The recent imposition of tariffs by President Donald Trump has ignited significant debate among economists and industry experts about their potential consequences for the U.S. economy. While the administration asserts that these measures aim to protect domestic industries and reduce trade deficits, critics warn of possible adverse effects, including increased consumer prices, investment deterrence, and economic stagnation. One of the immediate concerns surrounding tariffs is … Read More
Impact of Future Tariffs on Freight Forwarding
As global trade evolves, businesses involved in importing and exporting face an increasingly complex challenge: navigating fluctuating tariffs. These taxes on imported goods profoundly affect costs, disrupt supply chain efficiency, and erode profitability. For companies reliant on reliable freight forwarders for exports, understanding the implications of upcoming tariff changes and proactively adapting strategies is essential to remain competitive in a dynamic global marketplace. The Ripple … Read More
The Importance of the SLI in International Logistics
In the global logistics industry, documentation is the backbone of efficient and compliant shipping processes. One critical document, the Shipper’s Letter of Instruction (SLI), holds a unique position in international trade, guiding freight forwarders and customs brokers with essential shipment details. Understanding the SLI’s role and its benefits is vital for shippers who want to streamline their logistics operations, minimize errors, and ensure regulatory compliance. … Read More