China Tariff reduction-May 31st, 2025
Current Tariff Rates-The United States will suspend its 34% reciprocal tariff imposed on April 2, 2025 for 90 days, but retain a 10% tariff during the period of the pause. This means that as of June 3, 2025, there is currently a 10% baseline tariff on Chinese imports during this suspension period. Additionally, the average US tariff […]
Removal of De Minimus & Future Imports to USA
The Removal of the De Minimis Exemption for U.S. Imports and the Value of Using a U.S.-Based Import Agent In a significant shift in U.S. trade policy, the de minimis exemption for imports, which allowed low-value shipments to enter the country duty-free and with minimal regulatory scrutiny, has been eliminated as of 2025. Previously, under […]
Benefits of Nearshoring
The Benefits of Nearshoring Imports to the USA In recent years, there has been a growing trend towards nearshoring imports to the USA. This shift in importing strategy has resulted in a range of benefits for businesses, including reduced costs, improved supply chain management, and stronger regional economies. In this article, we will explore the […]
What is U.S. Customs and what is their role?
The U.S. Customs and Border Protection (CBP) is a federal law enforcement agency within the Department of Homeland Security. The CBP is responsible for enforcing the laws and regulations of the United States related to the import and export of goods. This includes regulating the flow of goods across U.S. borders, collecting duties and taxes […]