by Ryan Markiewicz | Mar 12, 2025 | Global Logistics Alerts
Trump’s 25% metals tariffs took effect on Wednesday
President Donald Trump’s increased tariffs on all U.S. steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the U.S. Trump’s action to bulk up protections for American steel and aluminum producers restores effective tariffs of 25% on all imports of the metals. It extends the duties to hundreds of downstream products, from nuts and bolts to bulldozer blades and soda cans.
Read more:
https://www.cbsnews.com/news/trump-tariffs-25-percent-steel-aluminum-eu-retaliation/
Canada and Europe respond with reciprocal tariffs
The European Commission, the executive arm of the European Union charged with coordinating trade matters, responded swiftly, saying it would impose counter tariffs on up to 26 billion euros ($28 billion) worth of U.S. goods.
Canada is hitting back at the United States with additional counter-tariffs worth $29.8 billion in response to new duties on Canadian steel and aluminum. Finance Minister Dominic LeBlanc said Canada’s new 25 per cent reciprocal tariffs will go into effect at 12:01 a.m. eastern on Thursday (3/13/25) and apply to steel products worth $12.6 billion, aluminum products worth $3 billion and additional imported U.S. goods worth $14.2 billion.
Read more:
https://www.reuters.com/markets/commodities/trumps-steel-aluminum-tariffs-take-effect-us-canada-trade-war-intensifies-2025-03-12/
https://globalnews.ca/news/11077973/donald-trump-tariffs-steel-aluminum-mar-12/
by Ryan Markiewicz | Mar 10, 2025 | Global Logistics Alerts
25% Steel and Aluminum Tariffs to begin on Wednesday, March 12th
One month ago, the White House announced proclamations on steel and aluminum, reinstating tariffs under the authority of Section 232 of the Trade Expansion Act of 1962. Effective on March 12, 2025, the steel and aluminum tariff rates will be 25 percent.
Steel
Aluminum
- Tariff rate will increase from 10 percent to 25 percent for aluminum and aluminum derivative products.
- Tariffs on aluminum derivative products will be effective once the Commerce Department reports that adequate systems are in place to fully, efficiently, and expediently process and collect tariff revenue for covered articles.
- Granted product exclusions will remain in effect until their expiration date or until the excluded product volume is imported, whichever comes first.
- Federal Register Document: https://www.federalregister.gov/documents/2025/02/18/2025-02832/adjusting-imports-of-aluminum-into-the-united-states
by Ryan Markiewicz | Mar 6, 2025 | Testimonials
“I am responsible for this order and just wanted to say that I appreciate all your detailed and timely communication. I have been in the business 35 years and I can honestly say I have never seen this level of communication. Every message is greatly appreciated and I can’t thank you enough.”
-North American Sales Manager
by Ryan Markiewicz | Feb 28, 2025 | News
Ryan McGregor, Director of Business Intelligence for Logistics Plus (LP), was featured on the Business Spotlight program, produced in partnership with WPSE Money Radio. Business Spotlight is a monthly 30-minute program that airs regionally and streams globally.
In this month’s program, Ryan discusses his evolving role and explores how Business Intelligence has revolutionized the logistics industry. He also discusses the company’s different technologies and platforms, customer expectations, and artificial intelligence (AI) capabilities.
You can listen to a replay of the interview on the Logistics Plus Podcasts page or by clicking below on our LP Radio channel on Spotify.
by Ryan Markiewicz | Feb 28, 2025 | News
Logistics Plus Customs Brokerage Manager Gretchen Blough appeared on NPR’s February 27, 2025, edition of Marketplace to discuss the latest tariff updates. With so many uncertainties and daily changes, Gretchen discusses how the Logistics Plus team has to remain flexible and be able to pivot at a moment’s notice.
Listen to her comments online at https://www.marketplace.org/shows/marketplace/hope-or-fear/#For-this-customs-broker,- or listen to the entire show by clicking below (Gretchen appears at the 7:15 mark).
Marketplace® is a nonprofit news organization on a mission to raise the economic intelligence of the country. For more than 30 years, they have helped people become smarter about the economic forces that touch their daily lives through the unorthodox story, the casual conversation, and the unexpected angle on the news.
