Trump Tariff Threat Could Raise US Import Costs in 2025

Trump Tariff Threat Could Raise US Import Costs in 2025

S&P Global Market Intelligence reports a surge of 8% in US imports in January 2025, with diverging performance between consumer and capital goods. This spike was driven by a confluence of factors including potential Trump administration tariff policies, port labor concerns, and the Lunar New Year. While January saw a significant increase, import growth is expected to slow in subsequent months, potentially leading to a 4.4% decrease for the full year. Businesses should closely monitor policy changes and adjust their strategies accordingly to navigate the evolving trade landscape.

02/04/2026 Logistics Industry Insights
Read More
US Retailers Prepare for Import Surge As Supply Chains Waver

US Retailers Prepare for Import Surge As Supply Chains Waver

Facing the year-end import peak and potential supply chain risks, the US retail industry is actively adjusting its strategies to seize opportunities amidst uncertainty. Diversifying supply chains, proactive planning, technological innovation, and robust risk management are becoming crucial for businesses to navigate these challenges. Retailers are focusing on building resilience by sourcing from multiple regions, leveraging data analytics for demand forecasting, and investing in automation to improve efficiency and reduce reliance on single points of failure. These measures aim to ensure consistent product availability and mitigate potential disruptions during peak season.

02/05/2026 Logistics
Read More
Direct Vs Indirect Customs Brokerage Key Differences Explained

Direct Vs Indirect Customs Brokerage Key Differences Explained

This paper explores the key differences between direct and indirect customs agency in international trade. It analyzes the applicable scenarios and advantages and disadvantages of each method, assisting businesses in making more informed decisions when choosing their agency model to ensure the efficiency and smoothness of import and export processes.

08/07/2025 Customs Knowledge
Read More
HS Code Tax Rates Set for Chloropentafluoropropane Imports

HS Code Tax Rates Set for Chloropentafluoropropane Imports

The HS code for chlorofluoropropane is 2903459200, and it has been widely used in international trade in recent years. The tax rate information indicates that both export and import are at zero tax, providing excellent cost control opportunities, with no declaration or regulatory requirements, facilitating further development of related businesses.

07/09/2025 HS Code Query
Read More
Global Trade Trends for Seaweed Under HS Code 1212207900

Global Trade Trends for Seaweed Under HS Code 1212207900

This article analyzes the tax rate information for the commodity code 1212207900 related to Jianglin. It points out that this product is not taxed in both export and import, highlighting its importance in the trade of plant products. The article also discusses the current management status related to this commodity.

07/09/2025 HS Code Query
Read More
Freight Forwarding Logistics Resource Guide: Begin Your International Trade Journey

Freight Forwarding Logistics Resource Guide: Begin Your International Trade Journey

This article aims to explore commonly used website navigation in the freight forwarding industry, assisting professionals in efficiently obtaining information and resources to promote business development. By introducing websites related to major site searches, import tariff inquiries, government agencies, finance, and practical tools, readers can enhance their competitiveness in international trade.

07/17/2025 Logistics Encyclopedia
Read More
Chalna Port Emerges As Key Trade Hub for South Asia

Chalna Port Emerges As Key Trade Hub for South Asia

Chalna Port (Mongla Port) is the second busiest seaport in Bangladesh, located in the southwestern part of the country. It serves as a crucial trade node connecting South Asia to the world. Established in 1950, the port facilitates the export of goods like jute and leather, and the import of commodities such as grains and cement. Chalna Port plays a significant role in promoting international trade and regional economic development for Bangladesh.

09/29/2025 Port Encyclopedia
Read More
Comprehensive Analysis of Customs Duty Exemption Code

Comprehensive Analysis of Customs Duty Exemption Code

The Customs Tax Exemption Code System provides structured information for managing tax reductions and exemptions. The article analyzes the classification and definitions of exemption types, including general taxation, gratuitous assistance, and specific tax exemptions, each corresponding to different customs codes. These codes help identify and classify import and export goods, facilitating tax processes and supporting trade efficiency. Understanding these codes allows professionals to effectively navigate the complexities of the international trade environment.

07/21/2025 Customs Knowledge
Read More
Bangladesh Enhances Trade Efficiency Via Time Release Study

Bangladesh Enhances Trade Efficiency Via Time Release Study

GTFP assists Bangladesh's NBR in enhancing its Time Release Study (TRS) capabilities. The project aims to optimize processes, promote trade facilitation, and boost competitiveness. By streamlining procedures and reducing delays, the initiative seeks to attract investment and contribute to sustainable development in Bangladesh. The TRS improvement will provide valuable data for identifying bottlenecks in the import/export process, enabling targeted interventions and ultimately leading to a more efficient and competitive trade environment.

01/06/2026 Customs Knowledge
Read More