News / New US tariffs on key transpacific cargo will crush hopes of rate recovery

trump effect© Paulus Rusyanto
Photo: © Paulus Rusyanto
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US president Donald Trump’s imposition of tariffs of up to 50% on cabinet and upholstered furniture imports could derail hopes of a recovery in transpacific freight rates.

He announced yesterday a 10% tariff would be imposed on imported softwood and other timber ...

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  • Alexander Kozij

    October 07, 2025 at 3:48 am

    Because implementing tariffs on the raw materials that the industries you want to return manufacturing domestically to, has ever helped or incentivized anyone.

    Mental…..

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Topics

Furniture Linerlytica Transpacific