Energy markets panic over tariffs, but then relax
New tariffs pose a significant challenge for U.S. refiners, who are already grappling with declining profit margins.
New tariffs pose a significant challenge for U.S. refiners, who are already grappling with declining profit margins.
Even cars assembled in the U.S. are not exempt from tariff shocks, as components from Mexico and Canada account for roughly 10% of the value of U.S.-built cars, with an additional 5% to 6% coming from Chinese inputs.
Mexico and Canada have announced agreements with President Donald Trump to delay tariffs on imports of goods from those countries for one month.
How bad can it get for cross-border?
Stock markets around the world saw sharp declines in response to President Trump’s imposition of tariffs and retaliatory actions by Canada and Mexico.
Canada and Mexico said they would impose tariffs on imports from the U.S. in retaliation for duties announced by President Trump on Saturday.
Trump imposes tariffs on imports from Canada, China, Mexico, impacting a wide range of raw materials and consumer goods.
In this edition: Still waiting on possible tariff implications, and Lunar New Year creates delays.
Trans-Pacific container rates eased in the most recent week as Chinese manufacturing and logistics activity wound down for the Lunar New Year holiday, which began Wednesday. Asia-U.S. West Coast ocean rates fell 7% to $4,938 per forty-foot equivalent unit for the week ending Jan. 24, according to the Freightos Baltic Dry Index. Asia-U.S. East Coast […]
Shippers and logistics professionals are bracing for U.S. tariffs on Mexican and Canadian imports that could begin Saturday.
US avoids trade war with Colombia after the two countries came to an agreement late Sunday over migrant deportations.
This week in Borderlands: Trump tariffs could raise consumer prices in short term, expert says; TransPak expands logistics operation in Texas; Logisticus Group opens supply chain facility near Phoenix; and Grupo Lintel plans $83 million logistics park in central Mexico.
President Trump said he was considering Feb. 1 as a start date for tariffs against Canada and Mexico, directing federal agencies to assess compliance with recent trade agreements.
President Donald Trump on Monday repeated his wish to “take back” the Panama Canal and initiate 25% tariffs against Mexico and Canada.
The Trump administration plans to end the expedited entry clearance benefit for parcels valued below $800, targeting Chinese e-commerce platforms but also impacting small U.S. importers.
President-elect Donald Trump’s tariff policies could weaken relations with Canada and Mexico, according to a recent panel discussion hosted by the Washington-based Wilson Center.
SCHAUMBURG, Ill. — The question of the day, on the first day of the Midwest Association of Rail Shippers Winter Meeting, is probably one being asked in one form or another at every business in the United States — or that does business with the U.S. What about tariffs? The consensus Wednesday was, not surprisingly, […]
U.S.-Mexico trade hit $69.2 billion in November as shippers frontload freight ahead of President-elect Donald Trump’s promised tariffs.
This week in Borderlands: US apparel importers scrambling after Mexico imposes tariffs; Source Logistics opens warehouse in Laredo; brokerage giant opens office in Fort Worth; and industrial manufacturer plans Fort Worth distribution hub.
A compromise by the ILA and USMX on automation has settled global concerns over a potential strike at U.S. East and Gulf Coast ports.