Effective immediately (from 00:01 EST, April 9, 2025).
Impact: All Chinese exports to the US now face 104% tariffs (up from 50%).
Recommendation:
。 Diversify sourcing to Vietnam, Mexico, or ASEAN nations.
。 Expedite shipments if goods are already in transit (US Customs allows exemptions until May 7).
。 Leverage bonded warehouses in third countries (e.g., Malaysia, Thailand) for transshipment.
Exemptions: Bourbon whiskey removed from the list.
Recommendation:
。 Monitor EU customs rules for potential supply chain adjustments.
。 Consider alternative suppliers in Europe if sourcing from the US.
Free until May 31, 2025—recover 5-10% of inventory value.
Recommendation:
。 Clear excess stock in Japan to free up storage space.
。 Optimize inventory forecasting to avoid overstocking.
Routes affected:
。 North China & South Korea → India & Pakistan
。 West Mediterranean → Canada
。 Recommendation:
Book early or explore alternative carriers (e.g., COSCO, ONE).
Partners: Maersk, AP Møller, and Japanese energy firms.
Implication: Expect higher freight costs as carriers transition to sustainable fuels.
Recommendation:
。 Factor in potential fuel surcharges in 2025 contracts.
Panama Canal: New energy pipeline project to ease congestion.
Myanmar Direct Service: COSCO’s new 9-day route (Yantian → Yangon) cuts transit time by 30%.
Recommendation:
。 Reroute shipments via Panama or Suez alternatives if delays persist.
Shift sourcing to non-China suppliers (Vietnam, India, Mexico).
Use FTAs: Leverage RCEP (ASEAN) or USMCA (North America) for lower duties.
Consolidate shipments to reduce Maersk’s surcharges.
Explore rail/air alternatives for high-value goods.
Monitor EU & US trade policies for new tariffs.
Ensure Temu-like tax compliance in emerging markets.
U.S. retailers are projected to raise prices by 10-12% (UBS forecast)
Impact: Prepare for higher consumer goods costs in Q2 2025
COSCO SHIPPING Holdings reports 73% profit growth in Q1 2025
Recommendation: Monitor their new routes for potential cost savings
EU considering anti-dumping duties on steel imports from Egypt and Vietnam
Affected industries: Construction, manufacturing, and automotive sectors
Verify customs clearance status for all in-transit U.S. orders
Confirm tariff classifications for affected shipments
Contact freight forwarders to reassess current logistics plans
Evaluate alternative routing options to mitigate tariff impacts
Attend April Canton Fair (Spring 2025 session) to identify new suppliers
Focus on diversifying sourcing to non-impacted regions
Phone: +86 181-2642-4455
Website: https://www.transworldcn.com/
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