Air cargo lifeline under threat as focus grows on de minimis thresholds
The Loadstar is running a series of reports on the ecommerce sector, which has been driving growth ...
As if the US hadn’t imposed enough tariffs, here comes another – but the threat of tariffs on Mexico has left US manufacturers reeling. Mattel, which has been consolidating more manufacturing in Mexico, and lessening its presence in China, could lose between $5m and $15m in profits this year if tariffs are implemented on all Mexican goods. The US has said that tariffs will be between 5% and 25%, but mostly US companies have been left wrong-footed. One US company executive told Bloomberg: “It’s just crazy. It’s just out of the blue, especially when USMCA is in the middle of getting ratification.”
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