As we all have heard, the 10% universal tariffs have started, what does that mean for the shipping industry?

The new tariffs that are in place are starting to modify trade patterns swiftly. This is increasing costs and creating uncertainties for the whole market. Companies will start to explore alternative options for shipping internationally and receiving goods in different manners. The cost of goods will continue to rise and now this will reduce the demand for

shipping services.

We will start to see the shift, resulting in slower transit times as well due to the change of shipping routes to get the product from countries that may not be affected by the tariffs. Expect to see many delays in transit and that increased fluctuation of tariffs.

The primary shipping method for most goods are transported over the Ocean, but with the recent tariff change, this has started pushing more companies to use Air to fly their material to the United States.

The majority of the American products will start to see the impact of high costs for products to help balance out the new tariffs cost.

Will your product be impacted by the new tariffs? If you need help confirming, please call us at 860-677-7447 or email info@immediaship.com and we can provide you an estimate based upon your HS code!