Descartes Datamyne™ trade data reveals a pattern of spikes in U.S. import volumes as trading partners anticipated reciprocal duties that took effect in August. Case in point: India. The Trump administration’s Liberation Day tariff increases, a series of rate hikes...
A return to the 25% duty rate on U.S. automotive exports to China is set to enter into effect on December 15th, and U.S. auto-makers are worried about the effects. Overseas sales of U.S.-made cars have yet to recover after last year’s tariff cut shipments to China by...
Waves of new tariffs lifted U.S. waterborne import peak shipping volumes earlier and higher than ever in 2018, while the promise of more to come pushed an atypical December surge. U.S. import peak shipping volumes charted a new course in 2018, driven largely by...
A 90-day truce has been declared in the escalating trade hostilities between the U.S. and China after a sidebar meeting at the G20 summit in Buenos Aires between Donald Trump and Xi Jinping. The U.S. has agreed to postpone for 90 days a tariff hike from 10% to 25% on...
The Office of the U.S. Trade Representatives (USTR) is reviewing the General System of Preferences (GSP) status for Indonesia, India and Kazakhstan. Should the countries switch from GSP inclusion to a Most Favored Nation (MFN) standing, the tariff rate for many U.S....
The world’s leading trade partners, the U.S. and China, are implementing tariffs on a growing list of goods. With new U.S. tariffs on Chinese goods, companies that rely on imports or exports need solutions to keep pace with wide-ranging, rapid-fire changes in the...
Imposed by presidential proclamations March 8, effective March 23, the new U.S. aluminum and steel tariffs do not apply to imports from NAFTA partners Canada and Mexico. Commerce Dept. is accepting applications to exclude products needed by domestic downstream...
Delivering on a promise to defend domestic industries, the U.S. raises protective tariffs on solar panels, washing machines; finds cause for new duties on alloy aluminum sheet from China. New protective tariffs on solar panels, washing machines and (coming soon) alloy...
U.S. tariffs on imported photovoltaic solar cells and modules sought by U.S. solar manufacturers are having an impact on U.S. solar system installers, according to analysis from Solar Magazine that cites Descartes Datamyne trade data. The tariffs imposed [date] are...
Early signs indicate a substantial effect on frozen U.S. beef exports to Japan as the one of the largest U.S. beef destinations looks to other suppliers. Late July, Japan announced that they would be using a safeguard measure that allows for raising tariffs should...
