by A1 WorldWide Logistics | Dec 11, 2025 | Economic trends, Importing, Shipping Logistics
China hit a $1 trillion trade surplus for the first time on December 8. Over the last 11 months of 2025, China’s surplus reached $1.08 trillion, beating 2024’s $992 billion amount. A trade surplus is the value of how much a country exports that exceeds its imports. In...
by A1 WorldWide Logistics | Dec 4, 2025 | Tariffs, Economic trends, Importing
A bilateral trade deal is resulting in the US reducing South Korea’s tariffs on imports. On December 1, Commerce Secretary Howard Lutnick announced that the US will reduce levies to 15% retroactively to November 1. Previously, the US imposed tariffs of up to 25% on...
by A1 WorldWide Logistics | Oct 30, 2025 | Tariffs, Economic trends, Importing
President Trump is raising Canada tariffs by 10% after an announcement on October 25. In a social media post, Trump said he would increase duties on Canadian imports due to a TV ad. The president will add the 10% to previously imposed tariffs, raising the total amount...
by A1 WorldWide Logistics | Oct 16, 2025 | Economic trends, Supply Chain, Tariffs
The US-China Trade War Continues, with the Chinese government recently charging port fees on US ships. On October 14, China began imposing fees on US-owned vessels docking in Chinese ports. The charges came after both countries agreed to reduce reciprocal tariffs...
by A1 WorldWide Logistics | Sep 17, 2025 | Economic trends, Importing, Tariffs
International shipping may soon feel the impact of the US-Japan trade deal starting on September 16. On July 22, the Trump Administration reached an agreement with Japan establishing a tariff framework between the countries. The deal includes a 15% baseline on most...