The Trump administration will now allow carmakers who produce and sell completed automobiles in the U.S. to claim an offset worth up to 3.75% of the value of an American-made vehicle.

Center for LNG executive director Charlie Riedl warned that the fees could raise costs for global buyers, and threaten the United States' position as the world's leading LNG exporter.

After new U.S. Customs regulations that lowered the threshold for formal entry from $2,500 to $800 were introduced April 5, DHL said it had stopped such shipments to U.S. shoppers.

Among the major challenges, Hassan says, is a tightening of capacity, due in part to delays in the delivery of new aircraft, especially freighters.

Starting on May 2, de minimis shipments from China will be subject to either a 120% tariff or a flat $100 fee per postal item, with the flat fee increasing to $200 on June 1. 

Port of Los Angeles executive director Gene Seroka said "essentially shipments out of China for major retailers and manufacturers have ceased."

The Panamanian president, Jose Raul Mulino, said that toll fees were regulated by the Panama Canal Authority (ACP), an autonomous governing body that oversees the trade route.

According to the FT, Apple plans to source from India the more than 60 million iPhones sold in the U.S. annually by the end of 2026.

In addition to stoking fears of higher inflation, the Trump administration’s trade policies are elevating anxiety about the economy and labor market. 

The Trump administration's trade policies threaten to upend a U.S. spirits industry that lost more than $100 million worth of exports to EU tariffs between 2018 and 2021.