After a postponement, President Trump has confirmed that tariffs on Canada & Mexico WILL move forward starting March 4th. Most imports from these U.S. trade partners will face a 25% tax increase, while Canadian energy products will see a 10% tariff.
Trump Announced Reciprocal Tariffs
In a bold move, President Trump has signed an executive order imposing reciprocal tariffs on all U.S. trade partners. Unlike previous tariffs targeting specific countries or industries, these taxes mirror the rates other nations impose on U.S. exports.
New Steel And Aluminum Tariffs
President Trump just signed an executive order imposing a 25% tax hike on ALL steel and aluminum imports, starting March 12th. Unlike his first term, where aluminum faced a 10% tariff, this time it’s up 15% higher!
China Tariffs Impacting Air Cargo
President Trump’s latest executive order has new tariffs hitting China’s air cargo industry. As of February 10th, a 10% tariff on Chinese imports will take effect, along with the removal of duty-free exemptions for low-value e-commerce goods.
Trump Imposes New Import Tariffs
President Donald Trump has signed an executive order to enforce new import tariffs on top U.S. trading partners. While Mexico and Canada’s tariffs have been postponed, China’s tariffs took effect.
25% Tariffs on February 1st
President Trump has plans on setting a 25% tariff on imports from Canada and Mexico on February 1st. With these nations bringing in hundreds of billions in trade annually, the move may significantly impact trade.
U.S. Retail Imports Surging
U.S. Retail Imports Are Soaring! Shippers are rushing to avoid freight tariffs and potential port protests, driving this surge.
ILA And USMX Reach An Agreement
Big news for the shipping industry! The ILA and USMX reached a breakthrough agreement just days before the January 15th contract deadline, averting a major port strike.
Port Labor Talks Are Resuming
With the January 15th deadline looming, dockworkers and employers are back at the table. The ILA is pushing for fair wages and fighting port automation.
Trump Wants The Panama Canal
🌎 Trump says the U.S. should reclaim the Panama Canal over rising fees caused by drought. With the U.S. as the canal’s top user, tensions could rise. How will this impact international shipping.