Category: Hong Kong

New Tariffs and the End of De Minimis

On 2 April 2025, President Donald J. Trump announced sweeping new tariffs, targeting approximately 60 countries, with China singled out for the most severe action. In response to retaliatory tariffs from Beijing, the United States escalated its own duties, ultimately imposing a 125% tariff on all... Read more

Tariff turmoil threatens US importers as China trade takes a hit

After weeks of speculation, US President Donald Trump has sharply escalated tariffs on Chinese goods to 125%, while simultaneously offering a 90-day reprieve to other trading partners. The baseline tariff of 10% applies to imports from all countries other than China, including the EU. This rat... Read more

US Tariff Developments and Global Trade Reactions

Further to our recent update on the major changes to US tariffs (link), the global trade landscape remains highly fluid, with the situation evolving rapidly. Last Wednesday, 2nd April, President Donald Trump announced a comprehensive tariff strategy, imposing a universal 10% tariff on all impo... Read more

Major US Tariff Changes

On 2 April , President Trump unveiled sweeping new tariffs that will have global implications for international trade.  These measures mark the most significant restructuring of U.S. tariff policy in decades and they will impact many businesses, irrespective of whether they trade with the Uni... Read more

Sea Freight Market Review

The global ocean freight market is undergoing a period of transition in 2025, influenced by regulatory changes, shifting trade patterns, and evolving carrier alliances. While demand remains strong in key regions, rate volatility persists due to supply chain disruptions and excess capacity. The... Read more

Air Freight Market Review

The global air freight market in February and early March reflected moderate year-on-year (YoY) growth, with total worldwide tonnages up 5% in February and 2% higher YoY in early March. However, market dynamics remain volatile, influenced by shifting trade policies, geopolitical factors, and e... Read more

Seven supply chain shocks in seven weeks

Just seven weeks into 2025, global supply chains have already faced a whirlwind of challenges. From industrial action to trade barriers and shifting alliances, businesses must stay agile to navigate ongoing disruptions. Here are seven of the most impactful developments so far this year. 1. ... Read more

Asia–Europe airfreight: Growth and vulnerabilities

Despite growth and robust demand airfreight faces significant challenges, including reliance on eCommerce, capacity pressures, and geopolitical disruptions. Airfreight demand on the Asia–Europe route saw a strong performance in 2024, bolstered by eCommerce, automotive parts, pharmaceuticals,... Read more

New alliances reshape East-West trade container shipping

Container shipping faces a transformative year in 2025, as key East-West and transatlantic shipping routes are set for substantial realignment, with the dissolution of existing alliances and the formation of new ones. Carriers are optimising their networks to enhance competitiveness and meet t... Read more

Air freight surges from Asia to Europe while trans-Pacific faces regulatory hurdles

As peak season ramps up, air cargo from Asia to Europe is experiencing strong growth, largely driven by rising demand for eCommerce, while new scrutiny on duty exemptions has led to a significant drop in air cargo volumes from Asia to the United States. In October, tonnage from Hong Kong to Eu... Read more

Strengthening Global Network to Address Supply Chain Challenges

Metro’s strategic partner network is central to delivering market-leading logistics services, especially as global supply chains face ongoing challenges. With the appointment of Peter Orange as head of global network development, Metro is deepening its commitment to building robust partnerships... Read more

Supply chains brace for more disruption as storm season intensifies

From wildfires and floods to scorching heatwaves, the consequences of climate change are becoming more pronounced, and as we enter the peak shipping season, businesses are scrambling to prepare for what is predicted to be one of the most disruptive storm seasons in recent memory. So far in 202... Read more