U.S.–China Reach New Trade Agreement: What It Means for Tariffs and Duty Drawback
The United States and China have announced a new bilateral trade agreement following high-level negotiations in Geneva. This marks the first joint trade statement between the two countries in years and introduces major changes to tariffs and trade policy that could...
Supply Chain Roundup: US Ends De Minimis Exemption for China, Drayage Industry Braces for Downturn, LTL Q1 Rate Surge
This week: US ends de minimis exemption for imports from China, trans-Pacific air cargo volumes drop After handling a surge in imports, US drayage industry prepares for downturn and a later turnaround Despite lowered volumes and cautious shippers, US LTL industry...
US Shippers Waiting for “Dust to Settle” on Tariffs, Blank Sailings Increase on Trans-Pac Lines, US LTL Reclassification Coming
This week: US shippers waiting for the “dust to settle” on Trump tariffs before resuming business plans As US importers cancel or suspend orders, blank sailings on trans-Pacific lines increase Changes to US LTL classification system coming, causing some to prepare and...
Supply Chain Roundup: Pre-Tariff Import Surge Provides Boost to US LTL Volumes, Trump Admin to End De Minimis Exemption for China and Hong Kong on May 2
This week: Surge in US imports ahead of tariffs leads to uneven and temporary boost in LTL freight volumes Trump admin ending de minimis for China and Hong Kong on May 2, but what happens after that? USTR announces port fee policy following year-long investigation...