U.S. Trade Tariffs: An Update from WSJ

U.S. Trade Tariffs: An Update from WSJ

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Trump’s Tariffs: Where Things Stand
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Jeanne Whalen with the Wall Street Journal shared this great update today regarding the U.S. Trade Tariffs. Read the highlights here.

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European Union

On May 23 Trump threatened to impose a 50% rate on the European Union starting June 1, arguing that trade negotiations with the bloc aren’t making progress. Two days later, he pushed back the tariff’s start date to July 9.

Trump initially imposed a 20% “reciprocal” tariff on EU imports, which he later paused for 90 days to allow for negotiations. A 10% baseline levy remains, and some specific EU products, including cars, are subject to higher tariff rates. The EU didn’t immediately

President Trump said the European Union would face a 50% tariff, and he threatened other companies like Apple and Samsung with tariffs for products made overseas. Photo: Kent Nishimura/Reuters

Apple Phones

Trump on May 23 warned Apple that foreign-made iPhones could face tariffs of up to 25%, saying phones for U.S. customers must be made domestically and not in India “or anywhere else.”

Reciprocal tariffs

On April 5, Trump imposed a 10% “reciprocal” tariff on imports entering the U.S. from nearly every country, saying they were necessary to rebalance trade. On April 9, he imposed even higher tariffs on countries and regions that he said engaged in unfair trade, including the EU and Japan, but hours later he paused them for 90 days. Trump didn’t give China this reprieve, instead ratcheting up tariffs on the nation to a total of 145%.

The White House said some countries and goods already hit by separate Trump tariffs in recent weeks were excluded from these reciprocal levies, including steel and aluminum imports; autos and auto parts; and Canada and Mexico (see details of those levies below). On April 11 the administration exempted smartphones and other electronics from the reciprocal tariffs.

China

On May 12, after talks in Geneva, the U.S. and China announced they were temporarily rolling back the tariffs they had imposed in recent months. The cuts will last for 90 days while the two sides continue negotiations.

The U.S. will cut its new 145% tariffs on Chinese goods to 30%. Levies that predate Trump’s second term will continue.

China will cut its new levies on U.S. goods to 10% from 125%. It has also agreed to suspend or cancel retaliatory, nontariff measures.

The U.K.

On May 8, Trump announced the outlines of a new trade deal with the U.K. Under the deal, which is still being negotiated, most U.K. goods will still be subject to the global 10% tariff the U.S. imposed on all countries in April. But U.K. steel and aluminum will be exempt from the U.S.’s 25% levy, and U.K. car tariffs will be lowered to 10% from 25% for the first 100,000 vehicles.

The U.K. committed to import more U.S. goods, including Boeing planes.

Autos

On April 3, the U.S. imposed a 25% tariff on imported autos. On May 3, it imposed 25% tariffs on imported auto parts, but said automakers can get a lower rate on those duties if the car is American-made.

Canada retaliated by imposing 25% import tariffs on vehicles that don’t comply with the U.S.-Mexico-Canada Agreement, or USMCA, starting April 9.

Fentanyl and immigration tariffs on Canada and Mexico

A 25% import tariff on goods from Mexico and Canada took effect March 4. Energy products and potash received a lower 10% tariff. Trump said this was to punish the countries for allowing fentanyl and unauthorized migrants to cross into the U.S.

The Trump administration later suspended those tariffs on goods that are eligible for duty-free trade under USMCA. Many goods entering the U.S. don’t comply with USMCA and are therefore subject to the new tariffs.

Canada responded by placing tariffs on $21 billion in U.S. imports, including fruits and vegetables, appliances and liquor.

Mexico initially planned retaliatory measures but didn’t enact them.

Steel and aluminum

The Trump administration imposed 25% tariffs on all steel and aluminum imports on March 12.

Canada retaliated by imposing tariffs on an additional $20.6 billion in U.S. imported goods.

On April 9, the EU retaliated against the steel and aluminum tariffs by approving duties on about $23 billion of U.S. goods, to begin April 15. But the bloc suspended the duties after Trump paused his reciprocal tariffs.

Buyers of Venezuelan oil

On March 24, Trump said the U.S. would impose a 25% tariff on goods from any country that buys oil or gas from Venezuela.

Drugs and microchips

On April 14, the administration said it had opened new investigations that could result in tariffs on pharmaceutical products and semiconductors.

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Read the full article at https://www.wsj.com/economy/trade/trump-tariffs-list-products-canada-mexico-china-b41351df. The Logistics Report by the WSJ is also a great subscription resource: https://www.wsj.com/preference-center/newsletters.

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Logistics Plus Named Finalist for Qlik 2025 Global Transformation Award

Logistics Plus Named Finalist for Qlik 2025 Global Transformation Award

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Logistics Plus Named Finalist for Qlik 2025 Global Transformation Award

Recognition Highlights Analytics Leadership and Business Intelligence InnovationQlik Award Stage

ERIE, PA (May 20, 2025) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, was recently named a finalist for the 2025 Qlik Global Transformation Awards in the prestigious Analytics Leadership Award category. The honor was announced during Qlik Connect®, the company’s annual data and analytics conference held last week in Orlando, Florida.

The Qlik Global Transformation Awards recognize organizations that are leveraging Qlik technologies to drive remarkable innovation, transformation, and business value through data. Finalists in the Analytics Leadership category, in particular, are celebrated for their strategic use of data analytics to shape smarter decision-making and deliver measurable impact across the enterprise.

Over the past several years, Logistics Plus has become a power user of Qlik solutions, integrating the platform into virtually every facet of its operations. From freight management and global supply chain visibility to financial analysis and customer dashboards, Qlik is a critical tool used daily by the company’s Business Intelligence (BI) team and key decision-makers.

Qlik Award

“Logistics Plus is proud to be recognized alongside other leading organizations at the forefront of analytics excellence and transformation,” said Ryan McGregor, Director of Business Intelligence at Logistics Plus. “Our BI team works tirelessly to create meaningful dashboards and visualizations that empower our internal teams and our customers with real-time insights. Qlik has been a game-changer in helping us scale our analytics capabilities as we grow globally.”

About Qlik

Qlik converts complex data landscapes into actionable insights, driving strategic business outcomes. Serving over 40,000 global customers, our portfolio provides advanced, enterprise-grade AI/ML, data integration, and analytics. Our AI/ML tools, both practical and scalable, lead to better decisions, faster. We excel in data integration and governance, offering comprehensive solutions that work with diverse data sources. Intuitive analytics from Qlik uncover hidden patterns, empowering teams to address complex challenges and seize new opportunities. As strategic partners, our platform-agnostic technology and expertise make our customers more competitive. Visit them online at https://www.qlik.com/us.

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About Logistics Plus, Inc.

Logistics Plus, Inc. (LP) is a 21st Century Logistics Company™ and a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and unique supply chain solutions. When the world changes, Logistics Plus® delivers. Founded in 1996, today LP has annual global sales of over $600M with more than 1,200 employees located in 50+ countries worldwide. LP is recognized as one of the fastest-growing privately-owned logistics companies, a top 3PL provider, a top 100 logistics company, a top freight brokerage and warehousing provider, and a great place to work. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things that together ensure complete customer satisfaction and success. Learn more at logisticsplus.com or download our media & press kit.

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U.S. Trade Tariffs: An Update from WSJ

Latest U.S. Tariff Developments – What You Need to Know

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Latest U.S. Tariff Developments – What You Need to Know

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  • U.S.–China Tariff Adjustments (Effective May 14, 2025):
    • A 10% reciprocal duty will apply to most Chinese goods for 90 days.

    • An additional 20% of fentanyl-related duties remain unchanged.

    • De minimis and postal shipments from China will face a 54% duty or a $100 flat rate per shipment, whichever is higher.

    • These new rates replace prior 125%+ tariffs and eliminate the planned $200 postal duty that was set for June 1.

  • U.S.–UK Trade Relationship Changes (Effective May 14, 2025):
    • UK imports to the U.S. also move to the 10% universal baseline duty during the pause.

    • First 100,000 UK vehicles/year get the 10% rate; excess units face 25%.

    • U.S. and UK committed to negotiating new terms for steel and aluminum trade (Section 232 duties remain for now).

  • Refunds on Past Duties?
    • No refunds are available at this time for duties already paid prior to these changes.

  • Concessions from China and the UK:
    • China to mirror the 10% duty reduction on U.S. goods (also for 90 days).

    • China will lift certain non-tariff barriers, including tech restrictions and mineral export bans.

    • The UK will expand duty-free quotas:

      • Beef: The new 13,000 metric ton quota will replace the previous 1,000 metric ton limit.

      • Ethanol: 1.4 billion liters duty-free.

    • Both countries are expediting tariff adjustments through their domestic processes.

  • Broader Trade Trend:
    • The 10% baseline tariff aligns with U.S. policy goals set in 2024 and now applies to most trading partners.

    • Higher reciprocal tariffs from earlier this year were paused in April, solidifying the 10% rate as the standard, for now.

    • Future tariff adjustments may still be on the table depending on partners’ trade practices and market access.

As always, Logistics Plus is here to help! When change happens, Logistics Plus delivers!

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U.S. Trade Tariffs: An Update from WSJ

U.S., China Reach Deal to Roll Back Tariffs After Marathon Talks

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The U.S. will cut its rate from 145% to 30%, and China will drop from 125% to 10%

The United States and China have agreed to roll back some of the steep tariffs they placed on each other’s goods, giving both sides 90 days to cool tensions and continue negotiations. Under the deal, U.S. tariffs on Chinese imports will drop from 145% to 30%, while China will cut its own tariffs on American goods from 125% to 10%. The change takes effect Wednesday and follows a weekend of intense talks in Geneva between trade officials from both countries.

Read more:
https://www.supplychain247.com/article/united-states-china-tariff-deal-90-days.
https://www.reuters.com/world/china/investors-cheer-us-china-tariff-truce-cautious-over-final-deal-2025-05-12/
https://www.cnn.com/2025/05/12/business/us-china-trade-deal-announcement-intl-hnk
Please note that the article says that the tariffs are going from 145% to 30%. That 145% is two different tariffs. There is no official word as to how that breakdown goes, what happens with 301 tariffs, steel and aluminum, or the time frame. As soon as information is released through official channels, we’ll pass that along and be able to answer questions. As of this time, we don’t have any details to accurately quote tariffs.

Also, the US CBP issued the following helpful fact sheet on May 2nd (which will likely soon be out of date).

https://www.cbp.gov/sites/default/files/2025-05/new_tariff_requirements_2025_factsheet_0_2_0.pdf

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U.S. Trade Tariffs: An Update from WSJ

Trump Announces US-UK Trade Deal with Focus on Steel, Autos and Beef

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The US-UK agreement is the first deal since Trump imposed sweeping tariffs in April

Read more:
https://www.usatoday.com/story/news/politics/2025/05/08/us-uk-trade-deal-trump-announces-agreement/83508333007/
https://www.bbc.com/news/articles/c15ng4g5g0eo

Key aspects of the U.S.-UK trade deal:

Reduced Tariffs:
The deal will cut tariffs on British automobiles from 27.5% to 10%. Tariffs on UK steel and aluminum will be reduced to zero.
Increased Market Access:
The UK will increase market access for American exports, including agricultural products like beef, ethanol, and other farm products.
Pharmaceuticals:
The deal will create a secure pharmaceutical supply chain, with pharmaceuticals potentially being exempt from tariffs between the two countries.
Boeing Aircraft:
The UK is expected to purchase $10 billion worth of U.S.-assembled Boeing aircraft.
Continued Baseline Tariffs:
The 10% baseline tariff imposed by the U.S. on several countries will remain in place.
Focus on specific sectors:
The deal appears to focus on specific sectors like automobiles, steel, aluminum, and pharmaceuticals, rather than a comprehensive trade agreement.
Digital Services Tax:
The UK has not been forced to drop its 2% digital services tax on U.S. tech firms.
Other potential trade deals:
President Trump has also indicated his interest in negotiating a trade deal with the European Union.
The U.S. is also in talks with other leading economies, including India and Japan, but agreements have yet to materialize.
The U.S. has been actively seeking to address trade deficits and has been imposing tariffs on various countries, including China.

Overall, the U.S.-UK trade deal is seen as a step towards restoring some trade relationships and addressing specific concerns, while also keeping the baseline tariff in place for other countries..

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