by Scott Frederick | Feb 2, 2025 | Global Logistics Alerts
New Tariffs on Canada, Mexico, and China Begin Tuesday, February 4, 2025
President Trump signed three executive orders that impose tariffs on imports from Canada, Mexico, and China, effective on 12:01 AM EST on Tuesday, February 4, 2025. Per the White House fact sheet, these tariffs are being implemented due to “The extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl, constitutes a national emergency under the International Emergency Economic Powers Act (IEEPA).” Duty drawbacks will not be allowed on goods subject to these tariffs, nor will they qualify for duty-free treatment under de minimis. Additionally, goods in transit as of 12:01 AM EST on February 1 will not be subject to these duties.
The key provisions of the President’s actions as known or expected to date include:
- All products imported from Canada and Mexico will bear a 25% duty for entry into the United States. Energy and energy resources from Canada will bear a lower 10% duty. All products imported from China will bear an additional 10% duty for entry into the United States.
- Application of the duties is expected will begin on February 4, 2025. Goods in transit prior to February 1, 2025, are excluded from the new tariffs together with a few other operational exceptions.
- DeMinimis treatment of low-value shipments will be unavailable for goods covered by these duties.
- No exclusion process will be available for domestic importers.
- No drawback will be available for duties paid under these actions.
- Any retaliation from our trading partners will be met with higher duty rates or expanded scope at the President’s discretion.
Read more at:
https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-imposes-tariffs-on-imports-from-canada-mexico-and-china/
https://www.whitehouse.gov/presidential-actions/2025/02/imposing-duties-to-address-the-flow-of-illicit-drugs-across-our-national-border/
by Scott Frederick | Jan 31, 2025 | News
Danny Yunes, VP of Mission Critical Operations & Strategy for Logistics Plus (LP), was featured on the Business Spotlight program, produced in partnership with WPSE Money Radio. Business Spotlight is a monthly 30-minute program that airs regionally and streams globally.
In this month’s program, Danny shares his background and provides an introduction to mission-critical operations and data center logistics. He also discusses his role at Logistics Plus and provides additional insights into the dynamic mission-critical industry.
You can listen to a replay of the interview on the Logistics Plus Podcasts page or by clicking below on our LP Radio channel on Spotify.
by Scott Frederick | Jan 31, 2025 | Global Logistics Alerts
Mexico and Canada are two of the top trading partners with the United States
President Trump on Thursday said he plans to follow through on Saturday on his threat to impose 25 percent tariffs on goods from Mexico and Canada.
“We’ll be announcing the tariffs on Canada and Mexico for a number of reasons,” Trump told reporters in the Oval Office. He cited the influx of migrants at the southern border, the flow of fentanyl into the United States and the trade deficit the U.S. has with its neighbors.
Read more at:
https://thehill.com/business/5117233-trump-mexico-canada-tariffs-threat/
by Scott Frederick | Jan 30, 2025 | News
Logistics Plus Customs Brokerage Manager Gretchen Blough appeared on NPR’s January 29, 2025, edition of Marketplace. For Gretchen, business is “a little bit of confusion mixed in with a lot of answering questions for customers that we really can’t answer.”
Listen to her comments online at https://www.marketplace.org/shows/marketplace/cents-and-sensitivity/#For-this-customs-broker,-trade-policy-is-still-“wait-and-see” or listen to the entire show by clicking below (Gretchen appears at the 6:05 mark).
Marketplace® is a nonprofit news organization on a mission to raise the economic intelligence of the country. For more than 30 years, they have helped people become smarter about the economic forces that touch their daily lives through the unorthodox story, the casual conversation, and the unexpected angle on the news.
by Scott Frederick | Jan 29, 2025 | News
Logistics Plus, once again, has been profiled as a top third-party logistics (3PL) company by Inbound Logistics magazine for its annual Logistics Planner. In its 33rd year of publication, the 2025 industry planner helps companies find the right technology solutions and transportation and logistics partners to drive supply chain efficiency. With both print and digital editions, the annual issue is updated with profiles of leaders in transportation, technology, logistics, and more who stand ready to help businesses face upcoming challenges to optimize their supply chains.
The Logistics Plus profile appears on page 266 of the publication. Logistics Plus also has a full-page advertisement on page 97 and a case study on page 48.
You can view PDF versions of the Logistics Plus advertisement, profile, and case study by clicking the images below.
