Odd Lots

What Tariffs Are Doing to North American Freight

247 snips
Apr 8, 2025
Matt Silver, CEO of Cargado and seasoned freight broker, shares his insights on the evolving landscape of North American trade amidst shifting tariffs. He discusses strategies being employed to navigate uncertainties created by recent trade policies, especially between the U.S. and Mexico. The conversation highlights the growth in trade figures despite these challenges and sheds light on the innovative solutions from customs brokers. Silver also explores how current tariffs could reshape trucking and international supply chains.
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INSIGHT

Tariffs and Trucking

  • Cross-border trucking is crucial in the current trade environment.
  • The North American trade landscape is uncertain due to tariffs.
INSIGHT

US-Mexico Trade Trends

  • US-Mexico trade has been increasing due to the USMCA and pandemic-related sourcing concerns.
  • There's anxiety about tariffs impacting this trade, especially for automakers.
INSIGHT

Current Tariff Situation

  • Agricultural products are largely unaffected, but some goods like sugar and dairy still face tariffs.
  • Cars with 75% of their value from North America qualify under USMCA, but parts from overseas are taxed.
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