US Announces Sweeping ​Reciprocal Tariffs on All Goods Imported

US Announces Sweeping ​Reciprocal Tariffs on All Goods Imported

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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Canada Imposes 25% Retaliatory Tariffs on $29.8 billion in US Goods

Canada Imposes 25% Retaliatory Tariffs on $29.8 billion in US Goods

Canada has announced a 25 percent tariff on a wide range of US-origin goods, in response to the US government's continued tariffs on Canadian steel and aluminum products. These tariffs, amounting to $29.8 billion in affected products, took effect at 12:01 am on March 13, 2025. The newly imposed tariffs specifically target goods originating from…

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LTL Classification System Overhaul Coming to NMFC

LTL Classification System Overhaul Coming to NMFC

The upcoming changes outlined in Docket 2025-1 are set to reshape the landscape of the National Motor Freight Classification (NMFC) system. As the industry pivots towards a more standardized and efficient classification structure, businesses must be proactive in understanding these updates and their potential impacts. Changes in Docket 2025-1 The NMFC Guide is transitioning to…

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Executive Order Tariff Increases Effective 2/4

Executive Order Tariff Increases Effective 2/4

On February 1 2025, President Trump issued Executive Orders imposing tariffs on imports from Canada, China and Mexico.  These tariffs are effective at 12:01 am Eastern Time (ET), February 4, 2025 with the President invoking authority principally under the International Emergency Economic Powers Act (IEEPA) and referencing section 301 of the Trade Act of 1974. The following tariffs will be in addition…

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Takeaways from President Trump’s America First Trade Policy

Takeaways from President Trump’s America First Trade Policy

One of President Trump's initial actions in office was the release of a memorandum outlining his America First Trade Policy. The policy intends to promote investment and productivity, enhances the Nation’s industrial and technological advantages, defends its economic and national security, and benefit American workers, manufacturers, farmers, ranchers, entrepreneurs, and businesses. A significant takeaway for…

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