Questions on Tariffs?
Tariffs can be complicated — there’s a lot happening. Wondering if your goods qualify for an exemption? Or just looking for some clarity? We’re here to help with any questions you have.
Contact us at support@commerceexpressinc.co
Tariffs: Nothing too new on any tariff changes. There’s still that baseline 10% reciprocal on most countries (except for China, which has a higher tariff percentage).
Additionally, de minimis (goods valued at or under $800) will be eliminated from China and Hong Kong, effective May 2nd, 2025, at 12:01am EDT – according to the President’s Executive Order.
Questions? Contact us here.
Cross-Border: In the month of February, Mexico was the top U.S. trade partner, per data from the U.S. Census Bureau.
Diesel update: Another week of decreases! The average price of diesel decreased by 2 cents a gallon. Putting the average price of diesel at $3.514 per the US EIA.
The Midwest region (down 1.9 cents), USWC (down 2.6 cents), USGC (down 1.2 cents), and the USEC (down 2.9 cents), all saw decreases from last week.
Truckload: Changes are coming on July 19th, to the LTL classification system in the U.S. The National Motor Freight Traffic Association (NMFTA) is shifting to a more density-based approach.
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