Of all the rapid changes the new administration has pushed through, tariffs are one of the most widely discussed and certainly the most important to the logistics industry.
As international tensions rise, shippers, carriers, and brokerages are waiting on the edge of their seats. At TAIMEN, we're watching the situation with a specific phrase in mind: negotiation tactics.
These discussion are crucial to keep an eye on, but it's important to remember that, at least for now, these tariff threats against our neighbors to the north and south seem to be a negotiation tactic. A White House press release referred to them as a "proven source of leverage" in international negations.
Many foreign trade experts say the same, and our recent end of year import analysis showed no surprising spikes or dips in reaction to tariff negotiations.
Electronic and Raw Material Producers May Not Be So Lucky
Other industries may not be so lucky however. In particular, aluminum, steel, and complex electronics (primarily semi-conductors) will likely remain significantly more expensive to import as the Trump administration attempts to expand these industries domestically.
The ramifications of these new expenses are yet to be seen, but that's all the more reason to have a brokerage partner like TAIMEN at your side.
Our advanced data analysis suite and attention to detail will keep you on top of global freight market changes without overreacting to political volatility.