After weeks of mounting trade tensions, the U.S. and China have struck a deal to significantly reduce import tariffs for 90 days, offering a crucial window of relief for global supply chains. The agreement, announced following high-level talks in Switzerland, will slash mutual tariffs by up to 115%. For many logistics and supply chain leaders, this temporary reprieve is a welcome reset after last month’s … Read More
White House Suspends Tariffs on Canadian and Mexican USMCA Goods—AGAIN!
In an important development impacting trade relations within North America, the White House announced today that effective 12:01 a.m. EST on March 7, 2025, the recently imposed International Emergency Economic Powers Act (IEEPA)-based tariffs on goods from Canada and Mexico will be temporarily suspended for all products compliant with USMCA origin requirements. This temporary suspension will remain in effect until April 2, 2025, the date … Read More