TARIFFS

Trans-Pacific, East Coast ocean rates strong in late November

Political and labor tensions kept late November container rates to the U.S. strong in what is usually a slow period following the peak shipping season. 

Average Asia-U.S. rates remained level and elevated at more than $5,000 per forty-foot equivalent unit since October, analyst Freightos said in its update for the week ending Nov. 22, with daily rates to the U.S. East Coast climbing past $6,000 since then. 

“This rate strength probably reflects some frontloading ahead of both a possible renewed...

https://www.freightwaves.com/news/trans-pacific-east-coast-ocean-rates-strong-in-late-november

New Trade War Round to Begin: China’s Stance and First Conflict Aftermath

As Donald Trump has announced plans to impose an additional 10% tariff on all Chinese imports, the trade war between China and the United States is about to become a key trend in the global supply chain industry.

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https://container-news.com/new-trade-war-round-to-begin-chinas-stance-and-first-conflict-aftermath/

Trump tariffs would put cross-border rail traffic in the crosshairs

This story originally appeared on Trains.com.

President-elect Donald Trump’s plans to impose 25% tariffs on goods imported from Mexico and Canada could have a chilling impact on cross-border rail traffic, which has been one of the few sources of volume growth for North American Class I railroads.

Trump announced the plans Monday night in a social media post, saying he would sign an executive order on Jan. 20, 2025, his first day in office. The order also would hit goods produced in China with a...

https://www.freightwaves.com/news/trump-tariffs-would-put-cross-border-rail-traffic-in-the-crosshairs

Trump plans tariffs on Canada, China and Mexico on Day 1

President-elect Donald Trump said on Monday that he would impose import tariffs on all three of the United States’ largest trading partners on his first day in office on Jan. 20.

The measures would include 25% tariffs on all products coming into the U.S. from Canada and Mexico, as well as an additional 10% tariff on all goods originating from China.

The tariffs against Canada and Mexico, which could be in violation of the United States-Mexico-Canada Agreement trade pact, is aimed at stopping...

https://www.freightwaves.com/news/trump-plans-tariffs-on-canada-china-and-mexico-on-day-1

Trump tariffs to slow US trade, says analyst 

President-elect Donald Trump’s proposed tariffs will likely blunt U.S. imports, especially from China, but also exports by American manufacturers, a trade analyst predicts.

“The three key words for U.S. trade in 2025 are ‘uncertainty,’ ‘uncertainty’ and ‘uncertainty,’ and add ‘disruption,’” said Mary E. Lovely, Anthony M. Solomon senior fellow at the Peterson Institute for International Economics. “Trump’s trade policy will cause a lot of headaches for shippers and supply chain professionals.”

Lov...

https://www.freightwaves.com/news/trump-tariffs-to-slow-us-trade-says-analyst

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