Following the U.S. government's dramatic increase in tariffs—reaching as high as 145% on certain Chinese goods—China's export engine appears to be faltering. Data from the Chinese Ministry of Transport shows that the week following April 10 saw a 9.7% drop in cargo throughput across major ports, a sharp contrast to
On April 13, President Donald Trump publicly denied rumors of relaxing tariffs on Chinese imports, reaffirming that semiconductor and smartphone components will remain subject to the current 20% fentanyl-related tariffs. The reclassification of these products into different tariff categories, he emphasized, does not equate to policy softening. Trump’s message was
In a major shift in trade policy, the White House has officially announced that beginning May 2, 2025, small packages valued at $800 or less originating from China or Hong Kong will no longer be exempt from import duties. This change marks a significant escalation in the ongoing U.S.-China trade
In a bold new escalation of trade tensions, former President Donald Trump issued a statement today warning that the United States will impose an additional 50% tariff on Chinese imports starting April 9—unless China agrees to eliminate its 34% tariffs on American goods. “If China doesn’t remove its 34% tariffs
On April 2, the U.S. government officially confirmed a sweeping new tariff policy, raising import duties on products from more than 50 countries. China, one of the key targets, has swiftly responded with a strong and calculated countermeasure — signaling a new phase in the global trade standoff. China's Countermeasures
In a bold move to protect domestic manufacturing and reduce the trade deficit, the Trump administration has unveiled a comprehensive new tariff regime. Announced by President Donald Trump on April 2, the policy introduces a universal 10% tariff on all imported goods along with additional “reciprocal” tariffs targeting specific countries.
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
