Uncertainty reigns across the market as importers and brokers continue to scramble to prepare for new tariffs, with key details unclear just hours before deadlines.
The situation is increasingly complex, with changes going beyond simple rate updates to include country-specific and product-specific levies, and exemptions under trade agreements like USMCA.
Customs software and brokerage platforms are being reprogrammed overnight to handle dozens of new tariff codes. Importers are facing potential penalties for misclassification or underpayment, even when errors are due to regulatory confusion. Some are breaking shipments into smaller loads to avoid large, unexpected customs bills.
For companies, all that’s left are questions. Which tariff rates apply? Do these changes affect goods already in transit? How can we ensure compliance with new rules?
#EyeonVolatility
