Donald J. Trump's administration is revisiting trade policy, focusing on reshaping global trade to boost domestic production and protect American industries. New tariff measures are affecting businesses, importers, and everyday consumers nationwide. A Shift in Trade Policy Trump's tariff plan marks a clear return to protectionist policies. Key points include: [...]
In recent years, tariffs have increasingly become a central element of US trade policy, and the changes introduced in 2025 are no exception. The latest measures have brought a mix of heightened costs, shifting regulatory frameworks, and a degree of uncertainty that can disrupt even well-established supply chains. Businesses relying [...]
Importing goods into the U.S. offers excellent opportunities for small businesses. Tariffs, duties, and various fees can complicate the process. Knowing how these charges work helps you control costs and comply with U.S. law. This guide explains import tariffs and duties, why they matter, and how to reduce them. We [...]
In recent weeks, the U.S. government has introduced significant changes to import tariffs, directly impacting customs brokers and importers nationwide. The National Customs Brokers & Forwarders Association of America (NCBFAA), representing over 1,300 member companies, is actively providing guidance to ensure compliance with these new regulations. Overview of Recent Tariff [...]
As we enter 2025, the incoming administration has signaled its intent to reassess trade policies, potentially resulting in broad tariff increases. Importers across all industries may feel the impact, with higher costs affecting supply chains and overall profitability. Now is the time to take proactive steps to prepare and mitigate [...]
The logistics industry faces significant changes as the U.S. transitions to a new administration in January 2025. Proposed trade policies, including significant tariffs and stricter customs regulations, are poised to disrupt global supply chains. Logistics service providers (LSPs)—freight forwarders, customs brokers, and 3PLs—will need to adapt quickly to meet these [...]
President Biden has announced that effective Jan. 1, 2024, the U.S. will reinstate African Growth and Opportunity Act (AGOA) trade preference program benefits for Mauritania, and terminate benefits for four countries: Gabon, Niger, the Central African Republic, and Uganda. The AGOA provides duty-free treatment to goods of designated sub-Saharan African [...]
A recent USMCA ruling seems to have put an end to the long-running dispute between the U.S. and Canada over tariffs on dairy imports. The USMCA dispute panel determined that Canada had not acted unreasonably, and under the U.S.-Mexico-Canada Agreement, Canada has the right to maintain tariff rate quotas (TRQs) [...]
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the country under the Port Infrastructure Development Program (PIDP). This funding will help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant portion [...]
U.S. Customs and Border Protection (CBP) will begin collecting import fees on pecans and Christmas trees on Nov. 5 after the issue that had been preventing the fee updates in ACE CERT has been resolved. The impacted tariffs are as follows: Pecans 0802991000 – In-shell pecans ($0.2 per pound) 0802991500 [...]
