March 27, 2025 – Washington, D.C. – President Donald J. Trump has announced a 25% tariff on all automobiles and auto parts imported into the United States, set to take effect on April 2. The President stated that this measure aims to stimulate significant growth in the American automotive industry
In April 2025, key data points and market signals indicate that ocean freight rates for shipments from China to the United States and Canada are on an upward trajectory. Here’s a detailed look at the data behind this trend and what it means for shippers and importers. Peak Season Surcharge
In a recent announcement, U.S. Customs introduced a new tariff framework that imposes additional duties on imported goods based on the timing of customs clearance. The policy, effective immediately, establishes key deadlines that will determine whether shipments benefit from tariff exemptions or incur extra charges. Key Dates and Conditions For
Washington, D.C. – In a move that has sent ripples through global markets, President Donald Trump has signed an executive order imposing a 25% tariff on steel imports and a 10% tariff on aluminum imports. The President stated that these tariffs would apply to all countries without exception, emphasizing his
On February 7, 2025, President Donald Trump announced that he will unveil a significant policy next Wednesday, introducing a reciprocal tariff system. Under this system, the United States will impose tariffs on imports from any country equivalent to the tariffs that country places on U.S. goods. In other words, if
In a recent executive order, President Donald Trump has temporarily reinstated the duty-free status for imported goods valued under $800, reversing a prior decision to eliminate this exemption. This measure will remain in effect until the U.S. Department of Commerce establishes a system capable of efficiently processing and collecting duties
After four years of strained trade relations, China has officially lifted all remaining sanctions on Australian exports. This marks the conclusion of a trade dispute that impacted industries worth over AUD $20 billion. During the G20 Summit in Brazil, a significant step was taken as China removed restrictions on two
The first day of Black Friday 2024 on Amazon brought surprising results, with sales patterns diverging significantly across sellers. While some thrived, others struggled amidst a competitive and challenging e-commerce landscape. Winners and Losers: A Polarized Sales Picture The Winners: Many sellers reported record-breaking sales, with some doubling their typical
