Day: February 3, 2025

Global shipping flows are bracing for disruption from tariffs that the U.S. said it will pass on goods from Mexico, Canada, and China. Imports from Canada and Mexico will face a 25% tariff, and goods from China will see a 10% tariff. Canada and Mexico announced they would be taking retaliatory measures, while China said

The U.S. suspension of the de minimis exemption on Chinese imports could sharply reduce airfreight demand and rates. Under the de minimis policy, small-value shipments under $800 are exempted from customs filing costs and duties and de minimis shipping became a critical tool in e-commerce supply chains. It also helped drive explosive growth for air