by Scott Frederick | Apr 8, 2025 | Global Logistics Alerts
Automobiles, Parts, China, Ad Valorem, and More
April 8, 2025:
Trump tariffs on China set to rise to 104% Wednesday. See USA Today article.
April 8, 2025:
A country-specific ad valorem rate of duty will apply to imported goods of 83 countries and will replace the 10% additional ad valorem duty rate under 9903.01.25. See USCBP Message.
April 4, 2025:
China announces 34 percent tariffs in response to US tariffs imposed on April 2. Chinese tariffs take effect on April 10. China also announces new export controls on samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium; an antidumping investigation into US medical CT X-ray tubes; the addition of 11 US companies to the unreliable entity list; export controls on 15 companies; and a ban on imports of Illumina’s gene sequencers. See Reuters article.
April 3, 2025:
The 25 percent tariffs on automobiles announced on March 26 and imposed under Section 232 of the Trade Expansion Act of 1962 go into effect. The tariffs on automobile parts are delayed to a future date not later than May 3, 2025. See Federal Register Notice and Presidential Documents.
April 2, 2025:
The US imposes 10 percent tariffs on imports from nearly all countries as announced April 2. See Federal Register Notice.
by Scott Frederick | Apr 3, 2025 | Global Logistics Alerts
Here are all of the details on the newly announced Liberation Day tariffs
The White House announced today that reciprocal tariffs will be implemented under the International Emergency Economic Powers Act (IEEPA). Here are the details.
- A 10% tariff will be imposed on all goods imported from all countries (except for the exemptions below) effective April 5, 2025, at 12:01 am EST. The 10% tariff will be applied on all goods entered or withdrawn from a warehouse for consumption – except for goods loaded onto a vessel at the port of loading and in transit on the final mode of transportation before 12:01 a.m. EST on April 5, 2025, and entered for consumption after April 5. EST on April 5, 2025, and entered for consumption after April 5.
- Higher tariffs will be imposed on specific countries effective April 9, 2025, at 12:01 am EST. Countries that did not receive a specific rate will continue to have a 10% tariff applied. The higher country-specific tariffs will be applied on all goods entered or withdrawn from a warehouse for consumption – except for goods loaded onto a vessel at the port of loading and in transit on the final mode of transportation before 12:01 a.m. EST on April 9, 2025, and entered for consumption after April 9.
- Goods from Canada and Mexico will continue to be subject to the IEEPA tariffs already in place. Goods compliant with the U.S.-Mexico-Canada Free Trade Agreement will remain duty-free, except for automobiles and auto parts, while non-compliant goods will continue to have a 25% tariff.
- The country-specific tariff rates can be found at: https://www.whitehouse.gov/wp-content/uploads/2025/04/Annex-I.pdf. Also, see the chart below.
Click to enlarge.
Read more:
https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/
https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/
https://www.logisticsplus.com/solutions/international-freight-forwarding-global-logistics/customs-tariffs-consultation/
by Scott Frederick | Apr 2, 2025 | Global Logistics Alerts
The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system
U.S. President Donald Trump was expected to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, risking cost increases and likely drawing retaliation from all sides.
Details of the tariff plans, styled by Trump as America’s “Liberation Day”, were still being formulated ahead of a White House Rose Garden announcement ceremony scheduled for 4 p.m. Eastern Time (2000 GMT).
- 25% global tariff on auto imports will take effect today
- White House closely guarded details of tariffs for major US trading partners coming later today
- Trump aims to match countries’ tariff rates, offset other barriers
- White House tariff announcement planned for 4 p.m. EDT/2000 GMT
- New duties to stack on top of Trump’s tariffs on cars, metals, Chinese goods
Read more:
https://www.reuters.com/world/us/trump-escalate-global-trade-tensions-with-new-reciprocal-tariffs-us-trading-2025-04-02/
https://www.npr.org/2025/04/02/nx-s1-5345926/trump-tariffs-timeline
https://www.nytimes.com/2025/04/02/business/economy/trump-tariffs.html
Also, here is a great graphic published in today’s USA Today:
Logistics Plus Gretchen Blough Talks Tariffs on NPR’s Marketplace
“If a large component of steel or aluminum is in the finished good, we basically need to break everything out into a bill of material, and then that 25% only applies to the steel or the aluminum,” said Gretchen Blough, Logistics Plus Customs Brokerage Manager and a Licensed Customs Broker. Listen to the full podcast below and read more about Logistics Plus Customs & Tariff Consulting Solutions.
Read more:
https://www.marketplace.org/2025/04/01/tariffs-have-left-importers-upset-with-more-yet-to-come/
https://www.logisticsplus.com/solutions/international-freight-forwarding-global-logistics/customs-tariffs-consultation/
by Scott Frederick | Mar 31, 2025 | News
The following is a reprint of an announcement recently made by Crow Holdings Development
Commitment by Logistics Plus Reflects N.J.’s Continued Appeal for Big-Box Requirements
Logistics Plus at Millstone 8 Logistics Center
MILLSTONE, N.J. (March 27, 2025) – A 1 million-square-foot commitment by Logistics Plus, Inc. has locked in a full-building occupant for Crow Holdings Development’s Millstone 8 Logistics Center. The lease marks a regional expansion move for the U.S.-based global logistics firm and illustrates both the maturity of New Jersey’s Turnpike Exit 8 market and continued viability of large-scale industrial requirements in the state.
Newmark’s Andrew Crites, Art Leichner and Kyle Eaton represented Logistics Plus in the transaction. JLL’s Rob Kossar, Nate Demetsky and Leslie Lanne served as leasing agents for Millstone 8 Logistics Center, 505 State Highway 33 in Millstone. Crow Holdings Development, in partnership with The Carlyle Group and 2020 Acquisitions, launched speculative construction at the 140-acre, western Monmouth County site in 2021, drawn by its location adjacent to Exit 8.
“Crow Holdings Development has a long track record of staying ahead of the pack in identifying new and viable submarkets,” noted the firm’s Clark Machemer, senior managing director. “We recognized Exit 8 as a natural extension of the 8A Turnpike market, and the Logistics Plus lease is proof of concept. We are thrilled to provide our client with a world-class facility to meet its evolving needs.”
Logistics Plus is a global leader in transportation, warehousing, fulfillment, logistics, technology and unique supply chain solutions. According to its website, it is also one of the fastest-growing privately owned logistics companies and a certified great place to work. Established in 1996 in Erie, Pa., the company today has annual global sales of more than $600 million and over 1,200 employees in more than 50 countries.
“Warehousing continues to be a fast-growing segment for Logistics Plus, and the Northeast is no exception,” said Jenny Melgert, vice president, Supply Chain Solutions for Logistics Plus. “Our new 1 million-square-foot facility in New Jersey expands our Northeast warehousing capabilities and brings us closer to 10 million square feet of warehousing across the North America.”
Big Box Deals in a 3PL-Dominated Market
“JLL was honored to partner with Crow Holdings Development on the execution of the Logistics Plus lease,” Kossar said. “This transaction showcases the need for modernized industrial warehouse space and the cutting-edge advances of Crow Holdings and 2020 Acquisitions to meet tenant demands.”
According to Machemer, Millstone 8 Logistics Center’s new tenant illustrates the dominance of third-party logistics providers in driving the leasing market.
“Quality and location clearly provided a competitive edge in the case of our transaction with Logistics Plus,” he added. “The Newmark team’s strong understanding of their client’s needs and deep knowledge of the market were crucial in executing the transaction. Overall, the big box market in New Jersey continues to outperform regionally, with 3PLs leading the charge. This is a credit to the state’s central access to New York City, Philadelphia, and all points between and beyond.”
Millstone 8 Logistics Center also includes a 220,000-square-foot building occupied by United Legwear. The campus features a full complement of sustainable and Class A industrial design elements, as well as abundant car and trailer parking.
Crow Holdings Development’s Northeast regional presence is well established. Its latest project highlights include the recently completed Crow Holdings at Carteret in Carteret, N.J., with Golden Triangle Logistics Center in Wallkill, N.Y., and Crow Holdings at 6A in Burlington, N.J., under development. The firm has introduced more than 4.2 million square feet of new industrial inventory since 2020 and currently has 1 million square feet of construction in progress across New Jersey, New York and Pennsylvania.
Crow Holdings Development is the development platform of Crow Holdings, a privately owned real estate investment and development firm with 75 years of history, $33 billion of assets under management, and an established platform with a vision for continued success. The company specializes in multifamily and industrial development across high-opportunity markets in the United States, with a newly launched office development platform as well. Led by a highly experienced leadership team, the firm has developed more than 75 million square feet of industrial space since 2013.
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About Logistics Plus
Learn more about Logistics Plus at logisticsplus.com.
About Crow Holdings Development
469 Bloomfield Avenue, 3rd Floor, Montclair, N.J. 07042
Media Contact:
Sandy Crisafulli / David Wilderotter
Caryl Communications
201-796-7788
sandy@caryl.com / david@caryl.com
by Scott Frederick | Mar 27, 2025 | Global Logistics Alerts
President Trump announces 25% tariffs on car imports to U.S.
President Donald J. Trump signed a proclamation invoking Section 232 of the Trade Expansion Act of 1962 to impose a 25% tariff on imports of automobiles and certain automobile parts, addressing a critical threat to U.S. national security.
- The 25% tariff will be applied to imported passenger vehicles (sedans, SUVs, crossovers, minivans, cargo vans) and light trucks, as well as key automobile parts (engines, transmissions, powertrain parts, and electrical components), with processes to expand tariffs on additional parts if necessary.
- Importers of automobiles under the United States-Mexico-Canada Agreement will be given the opportunity to certify their U.S. content and systems will be implemented such that the 25% tariff will only apply to the value of their non-U.S. content.
- USMCA-compliant automobile parts will remain tariff-free until the Secretary of Commerce, in consultation with U.S. Customs and Border Protection (CBP), establishes a process to apply tariffs to their non-U.S. content.
Read more:
https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-imports-of-automobiles-and-automobile-parts-into-the-united-states/
Also, 2 days ago, President Trump imposed tariffs on Countries Importing Venezuelan Oil
President Trump is levying a 25% tariff on all goods from any country that imports Venezuelan oil, whether directly from Venezuela or indirectly through third parties.
Read more:
https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-imposes-tariffs-on-countries-importing-venezuelan-oil/
