Tariff relief may be on the horizon for furniture shippers 📦🛋️ President Trump has announced a delay in planned tariff hikes, pushing increases on imported furniture products back until 2027.
Mexico Imposing A 50% Tariff
Mexico has officially approved steep new tariffs that could ripple across international shipping lanes. On December 10, Mexico’s Congress voted to raise duties on more than 1,400 imports from China and other Asian countries.
China Hit A $1 Trillion Trade Surplus
China just made global trade history — hitting a $1 trillion trade surplus for the first time ever. 🚢📈 Over the last 11 months, China surged to $1.08 trillion, fueled by rising exports and slowing imports.
US Reducing South Korea’s Tariffs
The latest US–South Korea trade deal is shaking up international shipping, with tariffs on Korean imports now dropping to 15%—retroactive to November 1.
Top US Coffee Importer Shifting
The landscape of U.S. coffee imports is brewing up a major shift. ☕📦 For years, Brazil dominated as America’s top coffee supplier, but new data shows Peru and Colombia have now surged ahead.
Supreme Court Arguments Starting
All eyes are on the Supreme Court today as justices hear arguments in a high-stakes legal battle over President Trump’s IEEPA tariffs — a move that could reshape U.S. trade policy.
US And China Reach A Trade Deal
After months of back-and-forth tariff battles, the U.S. and China have finally reached a trade deal — signaling a major step toward easing tensions between the two largest economies in the world 🌎.
Trump Is Raising Canada Tariffs
Tariff Tensions Rise Again! President Trump announced a 10% tariff hike on Canadian imports—pushing total duties on some goods up to 45%. The move, sparked by a recent TV ad, adds to the 35% tariffs already in place since August.
IEEPA Tariffs Supreme Court Ruling
All eyes are on the Supreme Court as it prepares to hear President Trump’s IEEPA tariffs case on November 5—a decision that could reshape the future of international trade.
US Proposing A 93.5% Tariff
On July 17, the U.S. Department of Commerce proposed a massive 93.5% tariff on graphite imports from China, citing results from an anti-dumping investigation.