MTS Logistics, Inc.

There's still plenty of uncertainty regarding #tariffs as April approaches in a couple of weeks. With many developments to keep track of, MTS Customs Brokerage is here to help. In the latest episode of our tariffs and customs podcast, Director of MTS Customs Brokerage and Licensed Customs Broker, Cathy Cheng (Cathy C.) discusses imports from Canada and Mexico and how tariffs will affect them: #Shipping #Logistics #Trade #SupplyChain #Shippers #Customs #Duties

President Donald Trump yesterday announced new 25 percent #tariffs on cars and other automobiles imported into the U.S. Although the tariffs are targeted at foreign #automakers, tariffs will also hit American #automobilemanufacturers hard. Specifically, #FordMotorCompany and #GeneralMotors – two of the “big three” auto makers in the U.S. – will see tariffs significantly affect their businesses as components are assembled overseas and shipped into the U.S. Read more in our latest:

The White House announced that April 2nd will be the date for the next round of #tariffs initiated by the U.S. This round will be based on #reciprocaltariffs, and it is a bit of a roulette wheel with what the outcome will be. How much tariffs will increase, and what industries and countries they will apply to are all on the table. Read more in Antony Solaro’s latest article:

With #globalization, #tariffs and #tradewars have become strong economic tools used by countries to protect economies, balance #tradedeficits, or react to unfair practices. Although these strategies can sometimes provide short-term returns, they also carry major risks in terms of end-consumer prices, production and commercial continuity, and international #diplomacy. This situation becomes more relevant in the U.S., where #trade policies play a pivotal role in modeling the economic landscape. Read more in Ozcan Ozkabak’s latest article:

As it stands, no moves have been made regarding a #borderclosure from #Mexico or #Canada, but whispers in the wind have been heard on various platforms as the retaliation of #tariffs escalates. What would it look like for the #logisticsindustry if a border closure from the #tradewar was put into place by either Mexico or Canada? Read more in Nick Koutroulis’s latest article:

#Portcongestion has recently become one of the major problems in the #oceanfreight sector, especially after the #Covid pandemic. Port congestion causes numerous ships to be delayed near ports and results in time losses, additional expenses, and disruptions in the #supplychain. This issue has revealed the weaknesses of the world’s #maritimelogistics system and has caused a number of problems for #importers, #exporters, and #shipping companies.?Read more in Fatih Yapici’s latest article:

This Wednesday, President Donald Trump issued a 25% #tariff across all #aluminum and #steel products imported into the U.S. Conceived as a plan to stimulate the U.S. and its massive #economy, the plan has been negatively received. Many are viewing the latest tariff maneuvers as a risk that threatens to impact the price of consumer and industrial goods for American consumers. Read more in Max Ngan’s latest article:

2024 will be remembered as one of those years in #shipping with very heavy #congestion globally. From #Asia to #Europe, from #Caribbean to #LatinAmerica, most of the major global transshipments hubs have been going through significant bottlenecks. In 2025, a mild improvement is expected with continued risks. Read more in M. Can Fidan’s latest article:

In episode 2 of our special tariff and customs podcast, Licensed Customs Broker and the head of MTS Customs Brokerage Cathy Cheng (Cathy C.) discusses what to expect regarding upcoming steel and aluminum #tariffs scheduled to go into effect tomorrow, March 12th. Listen to Cathy's insights and prepare for these trade developments: #Shipping #Logistics #Trade #SupplyChain #Shippers #Customs #Duties

With all of the news of #tariffs being announced every day, and uncertainty spreading amongst shippers, traders, and businesses, MTS Customs Brokerage is here to help. Listen to the Director of MTS Customs Brokerage and Licensed Customs Broker, Cathy Cheng (Cathy C.), discuss the latest in tariffs on the first episode of our special tariff and customs podcast: #Shipping #Logistics #Trade #SupplyChain #Shippers #Customs #Duties