BREAKING: 104% Tariff on Chinese Imports - Effective Midnight
What it means for your supply chain and what to do now
As of today, the U.S. has threatened to impose an additional 50% tariff on Chinese imports, which would bring the total tariff burden to 104%. The proposed move is in response to China’s continued 34% retaliatory tariff on U.S. goods.
While not yet enacted, the White House has indicated that collection could begin as early as midnight, April 9th if China does not reverse course, signaling a serious escalation in the ongoing trade conflict.
China has stated it will "fight to the end" and implement countermeasures if the U.S. proceeds with the additional tariffs.
If your supply chain touches China, now is the time to assess exposure, before the cost impact hits your bottom line.
What This Means for Businesses:
Landed costs will surge, especially in electronics, packaging, consumer goods, and industrial components
Margins are at risk, with more pressure expected if China expands its retaliatory measures
“Wait and see” is not a strategy: action is needed on sourcing, freight, and pricing immediately
What You Can Do Now
Organize your logistics data for the last 6-12 months to:
Run a Tariff Exposure Analysis across SKUs and suppliers
Run a Cost Exposure Analysis across modes of shipping and carriers
Review and adjust routing methodology, as needed
Loop in finance and operations to forecast sales and volume
Talk to an expert to Benchmark international freight costs
We’ll continue tracking developments and sharing strategies to help you stay ahead in a rapidly shifting trade environment.