While there’s still some uncertainty about the timing and the exact details, it seems clear that the new Trump Administration will impose tariffs on goods coming into the U.S. from China, Canada, Mexico and other countries in the coming weeks and months. While the new administration conducts a review of U.S. trade policies, both Canada and Mexico have promised to impose their own tariffs on American exports in retaliation. As the logistics industry watches and waits, the stakes are high. In 2023, American imports from Canada totaled $428 billion, while imports from Mexico were even higher, at $479 billion. American businesses shipped good valued at $676 billion to these two North American neighbors in 2023 — about a third of all U.S. exports. (....)