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2025 U.S. tariffs and their impact on global trade

Editor by Editor
3 months ago
Reading Time: 1 min read
trade-wars
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Recent US tariff changes impacting China, Canada and Mexico have arrived. Here’s what we know and what solutions might be right for you.

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As of midnight on February 4, a 10% tariff now applies to all goods originating from China and Hong Kong coming into the US. To enforce the new policy, US Customs and Border Protection (CBP) has assigned special HTS codes for affected shipments.

Additionally, the de minimis exemption for these goods has been revoked. In response, China has introduced its own retaliatory measures against the US.

Trans-Pacific carriers are proposing 25% higher contract rates for 2025–26, but shippers are delaying agreements due to uncertainties over tariffs, Red Sea disruptions and post-Lunar New Year demand.

The US has postponed additional tariffs on imports from Canada and Mexico until at least March 1, avoiding their planned implementation on February 4.

Source UPS


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Tags: Chinaglobal tradetariffs
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