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Showing posts with the label China

Trump Threatening A New 25% Tariff

  A recent announcement has President Trump threatening a new 25% Tariff on Iran’s trading partners. On January 12, the President announced the levies on a social media post. Notable countries that the tariff could affect include India, China, the United Arab Emirates, Turkey, and others. Although the White House has not published final guidelines, Trump noted that the decision was “final and conclusive”. With the Supreme Court currently examining the legality of other tariffs issued by Trump, this announcement further heightens uncertainty. Why Is Trump Threatening A New 25% Tariff on Iran’s Trading Partners? The primary reason for the 25% tariff is ongoing geopolitical tensions. Ongoing protests in Iran resulted in casualties of over 2000 people, and the tariff is a pressure against it. Trump recently stated, “If Tehran violently kills peaceful protesters, they will come to their rescue.” The president issued similar “secondary tariffs” last year for countries that buy oil from V...

Canada Leading The BRICS Economy

As International shipping continues to shift, the industry can soon see Canada leading the BRICS economy. BRICS is a group of emerging economies comprising ten countries, including Brazil, China, Russia, India, and others. Over the last few years, the BRICS market has expanded, now accounting for 40% of the global economy. Although Canada is not a part of BRICS, Canada’s largest trading partners are in the group, including China and India. As Canada continues to expand its trade, the concurrent growth of BRICS countries may significantly impact shipping. How Is Canada Leading The BRICS Economy? While not being a member of BRICS, Canada’s primary exports are to countries in the bloc. A popular commodity that Canada exports is wheat, and it is the world’s third-largest shipper. With Canada as a major trader in BRICS, the country could soon account for 44% of the world’s grain consumption. Canadian exporters also benefit from fast-growing consumer markets in energy, critical minerals, and...

Exporting Out Of The US

  While it is an excellent opportunity for shippers, there are numerous challenges associated with exporting out of the US. The US is one of the world’s largest exporters and an ideal location for reaching other markets. Due to its popularity, US manufacturing companies and individual shippers have benefited from shipping internationally. Despite the benefits, exporting can pose obstacles for both experienced and inexperienced shippers. Failure to understand what to expect and how to prepare can lead to delays, financial losses, and cargo losses. This article explains the challenges of exporting from the US and how to avoid these disruptions. What Are The Challenges Associated When Exporting Out Of The US? One of the most significant challenges a shipper can face when exporting from the US is regulatory compliance. There are numerous agencies governing exportations. Examples include the US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS). Exporters ...

Mexico Imposing A 50% Tariff

The international shipping industry continues to feel the strain from trade wars, with Mexico imposing a 50% tariff. On December 10, Mexico’s congress agreed to hike tariffs on more than 1,400 imports from China and other Asian nations. Some of the goods subject to tax include automotive parts, steel, furniture, textiles, and plastics. Tariffs on most of these items, previously at 10%, will increase to 35%. Key manufactured goods, such as vehicles, will also see a larger 50% increase. After 75 votes in favor, five against, and 35 abstentions, the new bill will take place on January 1. These tariffs could significantly affect global trade, particularly the volume of goods imported into Mexico. Why Is Mexico Imposing A 50% Tariff? Mexico is imposing tariffs of up to 50% on imports for various reasons, including protecting domestic industries. The country aims to reduce its dependence on imports from countries without free trade agreements. Many of these importers are based in Asian c...

China Hit A $1 Trillion Trade Surplus

China hit a $1 trillion trade surplus for the first time on December 8. Over the last 11 months of 2025, China’s surplus reached $1.08 trillion, beating 2024’s $992 billion amount. A trade surplus is the value of how much a country exports that exceeds its imports. In 2025, China’s exports rose to nearly $3.4 trillion while its imports declined to $2.3 trillion. Exports from China rose almost 5.9% year-over-year in November alone, while imports grew about 1.9%. The $1 trillion figure is also significant, given the ongoing  trade war between China and the US . With China exporting less cargo to the US, the resulting surplus could significantly impact international shipping. How Did China Hit A $1 Trillion Trade Surplus? When President Trump returned to office, the trade war between the US and China escalated. Tariffs imposed by both countries soon rose above 100%  until they reached a trade deal . The surplus stems from the actions China took following Trump’s 2024 election vic...

EE. UU. y China alcanzan un acuerdo comercial tras meses de tensiones

 Estados Unidos y China llegaron a un acuerdo comercial después de meses de escalada entre ambos países. Ambas naciones acordaron diversos temas de comercio durante una reunión entre el presidente de EE. UU., Donald Trump, y el presidente chino, Xi Jinping. El acuerdo se produce pocos días después de que el gobierno chino comenzara a cobrar tarifas a los barcos de propiedad estadounidense que se cargan en puertos chinos. El presidente Trump respondió anunciando un arancel del 100% sobre las importaciones chinas , medida que posteriormente revirtió. Desde que Trump regresó a la presidencia, ha impuesto, pausado y aumentado importaciones hacia EE. UU., afectando principalmente a China. Este país respondió imponiendo sus propios gravámenes y, tras varios intercambios, los aranceles alcanzaron más del 100% de ambas partes. Posteriormente, los impuestos fueron reducidos y la reciente tregua ayudó a disminuir la tensión de la guerra comercial. ¿Qué incluye el nuevo acuerdo comercial? El ...

US-China Trade War Continues

The US-China Trade War Continues, with the Chinese government recently charging port fees on US ships. On October 14, China began imposing fees on US-owned vessels docking in Chinese ports. The charges came after both countries agreed to reduce reciprocal tariffs imposed on each other. By April, the US had levies on China up to 145% while China had up to 125%.  In May, the countries agreed on a 90-day truce and reduced the tariffs to 30% (US) and 10% (China).  The countries extended the pause to November 10, before China retaliated with new port fees. President Trump responded by announcing that he will impose a 100% tariff on Chinese imports starting in November. Why Are The Countries In A Trade War? China and the US have been in a trade war for years due to issues such as trade imbalances and intellectual property (IP) theft, and both countries are trying to protect their economic interests. The US is also fighting against the inflow of drugs, with China being the most popul...

Trump’s Tariff Hearing Date Is Set

  President Trump’s tariff hearing date is set for November 5, following an announcement from the Supreme Court. The Supreme Court will review two cases:  Learning Resources v. Trump and Trump v. V.O.S. Selections . In Learning Resources v. Trump, businesses challenge Trump’s authority to impose tariffs under the IEEPA (International Emergency Economic Powers Act). The Trump v V.O.S. selections will be the president asking for a review of the ruling striking down the tariffs. Due to the high stakes involved, the Supreme Court is moving the cases on an expedited schedule. If the court rules the tariffs illegal, the US government may have to pay back hundreds of billions to importers. What Is The Issue Regarding Trump’s Tariffs? The issue started in April 2025, when Trump issued sweeping tariffs for all countries importing into the US . Along with a baseline 10% tax, this included specific levies for countries like China, Mexico, and Canada. In addition to reducing tra...

Supreme Court Will Hear Trump’s Tariff Case

  The Supreme Court will hear Trump’s tariff case after an announcement on Tuesday, September 9. In an order released by the court, it was announced that it will review two consolidated cases –  Learning Resources v. Trump  and Trump v. V.O.S  Selections. In Learning Resources v. Trump ,  two small businesses are challenging Trump’s tariffs imposed under the IEEPA as illegal. The belief is that the president cannot impose broad tariffs without definite congressional approval. In Trump V. V.O.S. Selections, the Trump Administration is asking for a review of a  ruling striking down the tariffs . The judges agreed to decide on the case in an expedited timeline, with oral arguments starting in November. The Supreme Court’s expedited schedule will include: Opening briefs due on September 19, 2025. Amicus briefs due on September 23, 2025. Response briefs due on October 20, 2025 Amicus briefs in support due on October 24, 2025. Reply briefs due on October 20, 2025...

US Extending China’s Tariff Pause

  An executive order signed by President Trump on August 11 has the US extending China’s tariff pause. Originally set to start this week, the higher tariffs for imports from each country will begin on November 10. The US will keep its levies on Chinese goods at 30% while China will keep its 10%. Both countries have been in a trade war since 2018, during Trump’s first presidency. The trade war escalated significantly over the last few months during his second presidency after Trump imposed more tariffs. After several back-and-forth levies, the total amount for Chinese imports reached 145% while China reached 125% on US imports. This article will explain the goal behind the extension and how it could impact your shipment. Why Did the US Extend the Deadline? Extending the deadline is to act as a breather, giving both countries a temporary ceasefire.  On May 12, both countries entered a similar agreement to pause tariffs that would reach triple digits . The current extension provi...
  A tariff war continues with the US proposing a 93.5% tariff on graphite imports from China. On July 17, the US Department of Commerce (DOC) announced plans to implement the levies after an anti-dumping duty investigation. The DOC notes that they will make the final amount determinations from the investigation on December 5. Along with the previous tariffs Trump issued for Chinese imports, the 93.5% will bring the total rate to 160%. The DOC has also proposed countervailing duties on graphite importations up to 721%. With the amount of graphite that comes into the US from China, this can significantly impact international shipping. Why Is The US Proposing A 93.5% Tariff On Graphite Imports? The Trump Administration has proposed tariffs on  Chinese graphite imports  for various reasons, including anti-dumping and subsidy claims. Dumping is when manufacturers in one country export goods to another country at a lower price than they usually charge in their own country. An a...

US Imports Could Soon Surge

  Importers and retailers predict that US imports could soon surge over the next few weeks. Following a 90-day break in the tariff war between the US and China, retailers expect to resume importing. Data from the NRF’s (National Retail Federation) Global Port Tracker recently showed that retailers have been frontloading imports. Along with the temporary reduction on Chinese goods, other scenarios, such as a hold on  reciprocal  tariffs, have also contributed. Due to the high volume of exports from China, a surge could substantially impact the international shipping industry. This article will explain the reason behind the predicted surge, which could impact importing cargo to the US. Why Are Retailers Forecasting That US Imports Could Surge Soon? The potential surge in US imports comes from a  slashing of tariffs that would have reached over 100% . In particular, the US lowered taxes on Chinese imports from 145% to 30%, and China reduced tariffs on US imports from 12...