In response to the Trump administration’s latest tariff announcement, both China and Canada have rolled out retaliatory tariffs aimed at the US. As these retaliatory actions unfold, businesses in both China, Canada, and the United States will be forced to navigate a more complex and unpredictable global marketplace. China's Response to “Liberation Day” Beginning April…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective April 15, 2025, and May 1, 2025. These GRIs will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. April 15, 2025: General Rate Increase – Transpacific Eastbound To all…
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On April 2, 2025, President Donald Trump announced sweeping reciprocal tariffs aimed at promoting US manufacturing and addressing trade imbalances. The measures include a universal 10 percent tariff on all imported goods starting April 5, with significantly higher rates for specific countries, including 34 percent on China (on top of existing tariffs bringing the minimum…
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