Talk of federal tariffs has been inescapable over the past few months - mainly in relation to the U.S. trade war with China. New talk of a tariff on Mexican products has been added to the mix. President Trump announced, effective June 10, the U.S. will impose a 5% tariff on all goods imported from Mexico. The tariff is set to increase to 25% by October if Mexico does nothing to halt “its illegal flow of aliens to the U.S.” The proposal of a 5% tariff on Mexican goods, and the potential for it to increase to 25% over the next several months, has shippers worried about what this could mean for their businesses.
What Shippers Can Do to Keep Business Steady in Uncertain Economic Times
Posted by
Matt Glacken | VP Sales on Jun 7, 2019 10:19:45 AM
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Topics: Transportation Industry, Economy