As tariffs continue to impact the international shipping industry, it is essential to know how to import during tariff hikes. Over the last few months, President Trump has imposed, announced, and paused numerous tariffs for imports into the U.S. Some goods affected include automobiles, aluminum, and oil, along with country-specific tariffs for Canada, Mexico, and China. Trump also imposed a 10% baseline tariff on April 2 for all countries importing goods to the U.S. Due to the volume of goods that come into the U.S., the tariffs have already impacted countless supply chains. This article will explain what to expect and give ideal steps to prepare when importing during tariff hikes. Why Is It Important To Know How To Import During Tariff Hikes? Knowing how to import during higher tariffs is crucial because of the consequences of not being prepared. The most significant impact of tariff hikes is that overall costs could skyrocket for different parts of a supply chain. In addition t...
A1 Worldwide Logistics specializes in freight forwarding, customs brokerage, warehousing and shipping providing personalized ONE on ONE service to help individuals and businesses through the logistics process. With a team that has over decades of experience in the industry, A1WWL has established itself as a trusted partner to stakeholders worldwide.