NUCO Logistics, Inc.

I am pleased to announce that NUCO Logistics, Inc. is a corporate sponsor for Alliance for Chemical Distribution (ACD) 2025 Washington Fly-In this May. This event will provide us with the opportunity to engage with congressional representatives, discuss pending legislation, and advocate for crucial issues affecting our industry. #Chemicaldistribution #chemicallogistics

The USTR's proposal to tax Chinese-built and -operated ships docking at US ports includes a levy of up to $1.5 million for Chinese-built ships and $1 million for Chinese-operated vessels. This tax, applied to each port call, could lead to increased shipping costs and operational disruptions. Larger ports may face significant pressure on their infrastructure, leading to bottlenecks and reduced service levels, while smaller ports could see a decline in business and reduced intermodal transportation options. The proposal could also result in higher consumer prices, delays, and shifts in global trade patterns, necessitating strategic adjustments by stakeholders to mitigate these impacts. #chinesebuiltships #chineseoperatedships #USTRproposal

This article explores the impact of tariffs on the US economy and addresses issues that are used as justifications for tariffs, arguing their adverse impact. The authors critique President Trump's tariff policies, highlighting that they create economic chaos and fail to achieve their intended goals. Tariffs raise government revenue inefficiently, harm U.S. consumers by increasing prices, and provoke foreign retaliation, leading to trade wars. They do not effectively reduce the trade deficit or boost manufacturing jobs as claimed. Instead, the authors suggest alternative policies, such as diversifying supply chains, reforming the tax code, and investing in technology and education, to address economic challenges more effectively. They emphasize that tariffs are a blunt instrument that often cause more harm than good, advocating for more nuanced and strategic economic policies. #Tariffpolicies #tradedeficit #maufacturingjobs

Amidst ongoing discussions about tariffs, President Trump has announced the imposition of 25 percent tariffs on imports from Mexico and Canada, and additional 10 percent tariffs on imports from China effective this Tuesday. A recent survey by the The Washington Post provides intriguing insights into the varying levels of support and opposition to these tariffs across different household income groups. #importtariffs #canadiantariffs #mexicantariffs #chinesetariffs

Increased geopolitical tensions between China and the US are driving a push to revive America’s shipbuilding industry. With bipartisan support, the SHIPS Act aims to boost US shipbuilding and reduce reliance on foreign carriers. Moreover, proposed Section 301 measures could reshape the global shipbuilding landscape by imposing certain fees and restrictions on international maritime transport services related to Chinese ship operators and Chinese-built ships, as well as to promote the transport of U.S. goods on U.S. vessels. #USShipbuilding #section301measures #usvessels

Bloomberg News recently reported that in the early days of President Donald Trump’s administration, his frequent tariff threats have started to lose their shock value across various asset classes. Trump has threatened levies on a wide range of goods, including cars, chips, pharmaceuticals, and lumber, as well as reciprocal tariffs on key trading partners. Despite these threats, the only tariff implemented so far is an additional 10% duty on Chinese imports. While Trump mentioned last week that a new trade deal with China is “possible,” his administration has also instructed a key government committee to limit Chinese investments in tech, energy, and other strategic American sectors. This move could potentially worsen relations with Beijing. The ongoing back-and-forth has led to the perception that many of these tariff threats are being used as negotiating tactics rather than concrete proposals. Consequently, traders are increasingly waiting for definitive actions rather than reacting to every new threat. According to Bloomberg Intelligence, the prevailing assumption in the equity markets is that these threats are not yet actions. #tariffthreats #reciprocaltariff

NUCO Logistics, Inc. team members Shirin Swanson, Risham Chhapra, and James Dunn, LCB, are attending the 2025 SOCMA Show in Nashville! This premier event brings together professionals from the specialty chemicals industry to network, share insights, and explore the latest innovations. The NUCO team is not only excited about the incredible opportunities at the conference but also enjoying the frigid Nashville weather with big smiles! Stay warm out there! #socmashow #specialtychemical

President Trump plans to impose reciprocal tariffs on trading partners by April, targeting countries with high tariffs and non-tariff barriers. This move aims to rebalance trade relations and address trade deficits. The tariffs will be customized for each country, considering factors like unfair subsidies and regulations. Trump hopes to negotiate lower tariffs with other nations to create a fairer trade environment. #reciprocaltariffs #fairtrade

In light of President Trump’s announced plans to implement reciprocal tariffs, this blog examines the potential ramifications of such measures. It also addresses the proponents’ perspectives on promoting fair trade and securing American jobs. #reciprocaltariffs #fairtrade

President Donald Trump announced plans to implement reciprocal tariffs on various countries next week, marking a significant escalation in his trade policy. This move aims to impose tariffs on imports to the US that match the rates other countries impose on American exports. During a meeting with Republican lawmakers, Trump emphasized the need for a “fair deal” for the US, arguing that current trade practices are unfair to American businesses. The announcement is part of a broader strategy to address the trade deficit and generate revenue to offset the costs of extending Trump’s 2017 tax cuts. The specific countries affected by these tariffs have not been disclosed, but the administration has indicated that the tariffs could apply to a wide range of trading partners. Trump’s trade representative nominee, Jamieson Greer, highlighted the importance of reducing barriers to US exports, particularly citing Vietnam as a country that needs to improve its trade practices to maintain access to the US market. Trump’s decision to delay tariffs on Canada and Mexico, after initially announcing a 25% tariff, reflects the administration’s willingness to negotiate and adjust policies based on feedback from stakeholders. Both countries have agreed to enhance enforcement efforts at the border, addressing one of Trump’s key priorities. In this context, it’s important to note the historical precedent set by the Reciprocal Tariff Act of 1934. Signed into law by President Franklin D. Roosevelt, this act gave the president the authority to negotiate bilateral, reciprocal trade agreements with other countries. It marked a significant shift from protectionist policies and aimed to reduce tariffs by up to 50% in exchange for similar concessions from other nations. The act is credited with helping to liberalize American trade policy and expand foreign markets for US products. Overall, Trump’s announcement of reciprocal tariffs underscores his commitment to reshaping US trade policy and addressing perceived imbalances in international trade.  #reciprocaltariff #tradedeficit