President Donald Trump announced tariffs on nearly all U.S. trading partners on April 2. These measures include a universal 10% tariff on all imported goods, effective April 5, 2025, with additional country-specific tariffs commencing April 9, 2025. Notable increases involve …
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Import Cargo Levels Expected to Remain High Due to Rising Tariffs
Imports at major ports in the U.S. are projected to remain high as cargo continues to come in at retailer demand ahead of growing tariffs on China and other countries, according to the National Retail Federation (NRF) and Hackett Associates …
Read More »Import Cargo Surge Continues Into January
A tentative labor agreement has recently halted a potential strike at East Coast and Gulf Coast ports, but major container ports in the U.S. have already seen a surge in imports. According to the Global Port Tracker report from the …
Read More »Port Strike to Affect Companies Big and Small
Early Tuesday morning, U.S. East Coast and Gulf Coast dockworkers began their first large-scale strike in over 50 years, stopping the flow of half of the country’s ocean shipping after negotiations between the International Longshoremen’s Association (ILA) and the United …
Read More »U.S., China Reach Preliminary Trade Agreement
After months of trade tensions, the U.S. and China announced preliminary progress on a deal between the world’s two largest economies, reports CNBC. The U.S. is poised to buy at least $16 billion more in agricultural goods from China in …
Read More »How Will Tariffs Impact the Solar Panel Industry?
The U.S. International Trade Commission (ITC) announced its decision last week that U.S. solar panel manufacturers are negatively impacted by imported solar panels, specifically from Mexico and Korea. According to the report, the ITC will hold a public hearing on remedy on …
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