|
C.H. Robinson News [June, 2025] Booking activity and freight rates remain elevated heading into early summer, reflecting rising market demand and limited capacity. The temporary lowering of U.S. reciprocal tariffs on imports from around the world, and especially the temporary lowering of tariffs on Chinese-made goods, kicked off a steady increase in bookings.
Then on May 28, new tariff uncertainty arose when a court ruled the U.S. president cannot impose tariffs by declaring a national emergency. This ruling applied to the 10% reciprocal tariffs as well as the 20% tariff related to drug trafficking that was imposed on goods made in China.
|