11 Apr 2025

Impact of Executive Order: “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment”

Overview of Tariff Adjustments Effective immediately, the Executive Order introduces revised reciprocal tariff rates to align with global trade dynamics and address retaliatory measures by trading partners. These changes aim to promote fair trade practices while supporting domestic industries. Updated Tariff Structure Products Originating from China, Hong Kong, or Macau Applicable tariffs include: Commodity-specific Most-Favored-Nation […]

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27 Mar 2025

25% Tariffs on Autos, Light Trucks, and Auto Parts Effective April 3 or May 3

Sandler, Travis & Rosenberg, P.A. (ST&R) reports that on March 26, the President issued a proclamation imposing 25% tariffs on imported cars, light trucks, and specific vehicle parts under Section 232 of the Trade Expansion Act of 1962, citing national security concerns. These tariffs are based on a 2019 investigation and newly submitted information from […]

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11 Mar 2025

China-US Air Freight Rates Plunge as Trade Tensions Disrupt E-Commerce

Air freight rates from China to the US have plummeted since Lunar New Year, driven by the typical post-holiday slowdown and uncertainty over new US trade restrictions on low-value imports under the “de minimis” threshold. Though the sharp decline in spot prices has stabilized in March, average rates from Shanghai to the US were down […]

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06 Mar 2025

Trump Delays Tariffs on U.S. Imports from Mexico Under USMCA

President Trump announced on social media that after a conversation with Mexico’s President Claudia Sheinbaum today, they agreed that Mexico would be exempt from the 25% tariffs on U.S. imports, as long as the goods qualify under the U.S.-Mexico-Canada Agreement (USMCA). “This agreement is effective until April 2nd,” Trump posted on @realDonaldTrump. “I made this […]

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06 Mar 2025

E-Commerce Turbulence Hits Airfreight: February Data Reveals First Signs of Disruption

The effects of stricter e-commerce shipping regulations started to surface in February’s air cargo data, even as the overall market maintained its growth trajectory. According to new figures from data provider Xeneta, global air cargo demand rose by 4% year over year in February. The dynamic load factor remained steady at 59%, while the average […]

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04 Mar 2025

China Tariff Update

The President has amended the previous Executive Order issued on February 1, raising the additional tariff from 10% to 20%. Tariff Details: Tariff from Feb. 4 to March 3: For products from China and Hong Kong entered or withdrawn from warehouse for consumption between 12:01 a.m. ET on February 4 and March 3, the additional […]

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04 Mar 2025

Implementation of 25% Tariffs on Imports from Mexico and Canada

The Federal Register has released notices regarding the implementation of 25% tariffs on products from Mexico and Canada, effective at 12:01 a.m. ET on March 4. These tariffs will apply to most goods entering the U.S. from Canada or Mexico, with the exception of energy products from Canada, which will incur a 10% duty. Scope […]

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03 Mar 2025

Air Cargo Industry on Edge: US Tariffs Spark Global Trade Uncertainty

The air cargo industry is bracing for potential disruptions as stakeholders await updates on global tariffs from the US, creating uncertainty about the impact on the sector. Yesterday, the White House saw a flurry of activity as President Donald Trump announced executive orders imposing additional tariffs: a 10% increase on imports from China, a 25% […]

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13 Feb 2025

White House Launches Probe into Reciprocal Tariffs to Counter Foreign Trade Barriers

In a move that could reshape U.S. trade policy, President Donald Trump announced on Thursday, February 13, a sweeping investigation aimed at assessing and potentially imposing reciprocal tariffs on foreign nations that maintain higher import duties on American goods. The initiative, which the administration describes as a step toward tariff equivalency, is designed to address […]

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