Insights
Return to PublicationsReciprocal Tariffs Against the World and the End of the de minimus Exemption for Chinese Goods
April 03, 2025.
Logistics Publications, Trade Publications
Donald Trump has announced multiple, sweeping additions to US import tariffs affecting all countries, as well as modifying existing additional tariffs and regulations in place. Starting April 5, 2025 at 12:01 a.m. EDT, imports from all countries (except for Mexico and Canada) will be subject to an additional 10% tariff. Following that, on...
Read MoreReciprocal Tariffs to Begin on 4/3/2025
April 02, 2025.
Trade Publications
US President Donald Trump has announced sweeping reciprocal tariffs against imports from foreign countries that tax imports from the USA at a higher rate than the US taxes imports of their goods. These reciprocal tariffs, labeled “Discounted Reciprocal Tariffs” by the Department of Commerce, will be based on...
Read MorePersonal Property Tax Audits: Common Triggers and How to Avoid Them
April 02, 2025.
Tax Publications
Most businesses operate in states where personal property is taxed, requiring them to file a return to report assets and pay their tax bill. Occasionally, they may receive a notice of a personal property tax audit. Like any other tax audit, these can be time-consuming and frustrating. While audits are...
Read MoreRestricted Exports on 82 New Entities
March 28, 2025.
Trade Publications
The Bureau of Industry and Security has added 82 new companies to the Entity List on March 25, 2025. Exports to the listed entities require export license, which is reviewed under presumption of denial. The additions target organizations mostly in China, but also in Pakistan, Iran, Taiwan, South Africa, United Arab Emirates. Newly...
Read More2025 NMFC Changes… now what?
March 25, 2025.
Logistics Publications
If you ship freight Less-than-Truckload (LTL) in the US, chances are you already know the National Motor Freight Traffic Association (NMFTA) is rolling out updates to the National Motor Freight Classification (NMFC) in July 19, 2025; but just in case… The changes are aimed to standardizing the evaluation of all commodities,...
Read MoreTrump Announces Additional Secondary Tariffs on Multiple Countries to Sanction Venezuela
March 24, 2025.
Trade Publications
US President Donald Trump announced on Monday, March 24, 2025 he will be installing additional tariffs on Venezuela. The details come from two statements in an announcement on his Truth Social account: a plan to put “a Secondary Tariff on the Country of Venezuela”, and a much broader, consequential...
Read MoreSustainability and Environmental Considerations in Logistics
March 20, 2025.
Logistics Publications
The logistics industry is undergoing a transformation driven by sustainability concerns and regulatory pressures. Companies are prioritizing eco-friendly practices to reduce carbon footprints, comply with environmental policies, and improve long-term cost efficiency. Here are some key areas of focus: Adoption of Green Technologies To minimize emissions, logistics companies are investing...
Read MorePorts: Keep the World Moving
March 17, 2025.
Logistics Publications
Think about the last thing you bought online. Maybe a phone, a pair of shoes, or even coffee beans from another country. Ever wondered how it got to you? That’s where ports come in. Ports are the heart of global trade. They’re not just places where...
Read MoreBipartisan Legislation Introduced to Revitalize the Maritime Industry in the United States
March 11, 2025.
Logistics Publications
The U.S. currently has eighty ongoing commercial vessels. Ten years ago, there were over two hundred. Lawmakers claim “decades of neglect” is the reasoning for this continual decline. To aid in resuscitating the U.S.’s position in the international maritime industry, bipartisan legislation was introduced...
Read MoreA Second Reprieve: Avoid Trump’s IEEPA tariffs on Canadian and Mexican Goods for Another Month
March 10, 2025.
Logistics Publications, Trade Publications
In deference to the needs of the domestic auto industry, the White House has announced a mitigation on the IEEPA tariffs against Mexico and Canada through two executive orders issued Thursday, March 7. The IEEPA tariffs that went into effect on March 4, 2025 and subject all goods from Canada and Mexico to...
Read MoreSales Tax vs. Use Tax: Do You Know the Difference?
March 05, 2025.
Tax Publications
Sales tax and use tax are both taxes imposed on the purchase of goods and services, but they apply in different circumstances. Sales Tax Sales Tax is defined as a tax on the sale, transfer, or exchange of a taxable item or service. It is generally added to...
Read MoreTrade War: US Deadline Ends, Retaliation Begins
March 04, 2025.
Logistics Publications, Trade Publications
The new US tariffs against Canda and Mexico enacted by President Trump under the International Emergency Economic Powers Act (IEEPA) have now officially gone into effect, along with a tariff increase to 20% on goods from China: All articles from China and Hong Kong are now subject to an additional 20%...
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