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
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
