President Donald Trump’s sweeping tariff plans hammered global financial markets and U.S. stocks braced for more turmoil on Monday, after he warned foreign governments they would have to pay “a lot of money” to lift the levies he called “medicine.”
https://gcaptain.com/trumps-tariff-medicine-engulfs-markets-as-u-s-stocks-brace-for-more-turmoil/
Recent policy changes by the Trump administration — call it an upheaval — are reshaping the dynamics of international commerce, and have profound implications for freight and logistics, says a supply chain analyst.
The scope of the current tariff implementations is unprecedented, both in terms of the levels applied to China and the high rates extended to other U.S. trading partners, said Judah Levine, head of research for Freightos, in a new report. Unlike previous trade tensions where flows...
Todo descongelado (Foto: Matveev Aleksandr/Shutterstock) En una desviación del formato tradicional del boletín esta semana, estamos analizando mucho los posibles impactos e interrupciones en la industria farmacéutica y de atención médica como resultado del «Día de la Liberación» cuando el presidente anunció qué aranceles recíprocos estaban programados para varios condados y bloqueos de comercio. A […]
Esta entrada Running on Ice: la cadena de suministro farmacéutica deja las tarifas, por ahora...
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Shippers rush to reduce impact of Trump’s “reciprocal” tariffs; Automotive supplier plans new $50 million factory in Mexico; Volvo boosting Mexico plant investment to $1B; and BTX Global Logistics opens office in Texas.
Shippers rush to reduce impact of Trump’s “reciprocal” tariffs
Officials at Mariner Logistics recently worked hard to help a client move an $800,000...
China will impose a 34% tariff on imports of all U.S. products beginning next Thursday, the country’s Customs Tariff Commission said Friday.
The new tariff matches the rate of U.S. “reciprocal” tariffs that President Donald Trump announced on Wednesday, claiming China has imposed duties and other measures on American goods that amount to a 67% trade barrier.
“China firmly opposes this and will take countermeasures to safeguard its own rights and interests,” China’s Commerce Ministry said in a stat...
https://www.freightwaves.com/news/china-hits-us-with-tariffs-rare-earth-export-controls
On episode 822 of WHAT THE TRUCK?!? Dooner is catching up with Total Truck Branding’s Stephanie Burueana and Mario Lekovic to talk about the art of truck wraps. Their award winning company is responsible for wrapping some of the best-looking trucks on the road. We’ll find out how the whole process works and what it takes to win a championship.
ABT is looking to automate 36 million breakdowns a year in the multibillion-dollar truck repair space. We’ll meet the father and daughter team of Alan...
Container traffic at the busiest U.S. import gateway is expected to drop by 10% in the second half of the year.
Container volumes at the Port of Los Angeles are expected to plunge by double digits in the second half of the year following months of frontloading and higher import prices due to U.S. tariffs.
“It’s my view that the second half of this year, beginning July 1 through the end of the year, we’re going to start to see a drop in cargo [year on year],” said Port Executive Director Gene...
https://www.freightwaves.com/news/port-of-las-seroka-says-tariffs-to-cut-container-volumes-by-10
China placed export restrictions on key rare earth elements on Friday as part of its sweeping response to President Donald Trump’s tariffs, potentially squeezing supply to the U.S. and the West of minerals vital to everything from defense to electric cars.
https://gcaptain.com/china-hits-back-at-us-tariffs-with-rare-earth-export-controls/