Paige Cotcamp’s Post

You know it, tariffs had increased. But you can keep your costs down with these 2 tips: The talk about increased U.S. tariffs is making waves. If implemented, this policy shift will bring higher costs for many importers. But with the right adjustments, you can minimize the impact. These are the 2 things you can do: - Look into regional suppliers and carriers to reduce costs. - Stay informed on policy changes to adjust strategies as needed. Policy shifts can disrupt even the best-laid plans. At Tusk, we're dedicated to helping you stay ahead by adapting quickly, keeping your costs low, and offering strategic solutions as policies evolve.

When will the freight rates stabilize? There are still some key factors that need to be observed in order to affect freight rates and stop them from rising or even falling. Firstly, if the EU immediately announces the imposition of tariffs on Chinese electric vehicles, Chinese exporters may reduce their shipment volume, thereby reducing their push for freight rates. Secondly, the purchasing power of end consumers is also an important factor affecting freight rates. If consumer purchasing power significantly decreases, freight demand will decrease, thereby affecting freight rates. Finally, if shipping companies significantly increase their capacity supply, it may also lead to a decrease in freight rates.

There is sweeping executive action that will deny de minimis (statute that allows low-value shipments to enter the U.S. without being subject to the duties and fees associated with importation) treatment for all imported products covered by tariffs imposed under Section 301, Section 201, and Section 232—exerting a wide-ranging impact on many U.S. businesses importing goods into the U.S. via the current exemptions, especially ahead of a busy holiday season. We're on the lookout for tariff updates and will update BITE Data as soon as they officially come out.

Supply chains are under pressure again with talk of new tariffs. Madhav Durbha breaks down what that could mean for prices on everyday items like food, meds, and clothing. If you’re curious about the ripple effects, here’s a good overview in Fox Business

Supply chains are under pressure again with talk of new tariffs. Madhav Durbha breaks down what that could mean for prices on everyday items like food, meds, and clothing. If you’re curious about the ripple effects, here’s a good overview in Fox Business

Supply chains are under pressure again with talk of new tariffs. Madhav Durbha breaks down what that could mean for prices on everyday items like food, meds, and clothing. If you’re curious about the ripple effects, here’s a good overview in Fox Business

ASCM CEO Abe Eshkenazi says that businesses are in a wait-and-see mode regarding proposed tariffs and the impact they may have on supply chains. #supplychain https://hubs.la/Q030zZ-00

ASCM CEO Abe Eshkenazi says that businesses are in a wait-and-see mode regarding proposed tariffs and the impact they may have on supply chains. #supplychain https://hubs.la/Q030B6WV0

ASCM CEO Abe Eshkenazi says that businesses are in a wait-and-see mode regarding proposed tariffs and the impact they may have on supply chains. #supplychain https://hubs.la/Q030zWby0

ASCM CEO Abe Eshkenazi says that businesses are in a wait-and-see mode regarding proposed tariffs and the impact they may have on supply chains. #supplychain https://hubs.la/Q030B7530