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 […]
Read MoreThe 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 Tariff Details: Tariff from Feb. 4 to March 3: For products from China and Hong Kong entered or withdrawn from warehouse for consumption between 12:01 a.m. ET on February 4 and March 3, the additional […]
Read MoreThe 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. […]
Read MoreThe 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% […]
Read MoreThe Trump administration is considering new tariffs aimed at the container shipping industry, proposing steep port usage fees on Chinese-built and Chinese-operated vessels calling at U.S. ports. Additionally, U.S. exporters may face rising costs under a separate proposal requiring an increasing share of exports to be transported on American ships. If enacted, these measures could […]
Read MoreIn 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 […]
Read MoreThe U.S. government has temporarily reinstated the de minimis exemption, which allows packages valued under $800 to be imported duty-free, reversing an earlier decision that had disrupted international parcel shipments. According to a statement from the White House, the exemption will remain in place while authorities establish systems to efficiently process and collect tariffs on […]
Read MoreThe Trump administration’s 2025 decision to eliminate the de minimis exemption for Chinese goods has had a significant impact on B2B sourcing. This policy shift is part of a broader trade initiative aimed at curbing unfair trade practices and preventing the flow of illicit goods, particularly fentanyl, into the U.S. The move affects businesses that […]
Read MoreDespite concerns that tariffs on Mexico, Canada, and China would take effect on February 4, additional tariffs for Canada and Mexico have been delayed until at least March 1. In the meantime, the Federal Register notice for China, as well as the Cargo Systems Messaging Service (CSMS) directives from Customs and Border Protection (CBP), have […]
Read MoreThe air cargo sector is bracing for a potential decline in demand for US-bound services following the introduction of new tariffs by the United States, which are expected to impact import volumes significantly. US President Donald Trump has ignited fresh economic tensions by imposing an additional 25% tariff on all imports from Canada, though it […]
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