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Impact of tariffs on U.S. imports, the economy and the transportation industry
If the Trump administration implements tariffs on Mexico and Canada, more than 50% of U.S. imports by volume would be affected. When he took office in January, President Donald Trump initiated a trade dispute with Mexico and Canada by announcing that he would impose a 25% tariff on imports from these countries starting February 1. […]
North American trade trends and trucking dominance in cross-border commerce
In 2023, over $1.57 trillion worth of cargo was transported across the borders between Mexico, the U.S., and Canada The Bureau of Transportation Statistics (BTS) released on May 21st the dollar values and tonnage of goods that crossed the land borders of the United States with Canada and Mexico. According to these statistics, in 2023, […]
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