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March 25, 2025 Update

Freightos

The levels of these tariffs will depend on the foreign tariff rates for US exports and so will vary, but the list of the top 15% aside from China, Mexico, Canada and the EU includes ostensible alternative sourcing partners like India and Vietnam as well. In addition to China, this list could include Singapore, Vietnam and India.

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Trump’s April Tariffs – Rundown, Implications and Freight Impact

Freightos

The newly announced tariffs join steel and aluminum tariffs, a 25% tariff on all automotive imports, and a 25% tariff on any country that purchases oil from Venezuela already in effect though only the Venezuelan tariff will be stacked on top of global or reciprocal tariffs. If things do play out this way, the freight market will suffer too.

Freight 156
article thumbnail

Trump’s April Tariffs – Rundown, Implications and Freight Impact

Freightos

The newly announced tariffs join steel and aluminum tariffs, a 25% tariff on all automotive imports, and a 25% tariff on any country that purchases oil from Venezuela already in effect though only the Venezuelan tariff will be stacked on top of global or reciprocal tariffs. If things do play out this way, the freight market will suffer too.

Freight 275