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Increased tariffs may cause disruption to shipping volumes and global supply chains.
March 12, 2025
By: Andrew Thompson
President Donald Trump has already made plenty of headlines since taking up his second term in the White House, including with the announcement of numerous new tariffs on imports. The 47th United States President issued three executive orders on Feb. 1, 2025, just days after his inauguration, which directed the US to impose an additional 25% ad valorem rate of duty on imports from Canada and Mexico, as well as 10% on imports from China. Excluding Canadian energy resources exports – which i...
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