Commodities, Business & Shipping (and Tariffs)

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Trump’s New Tariff Blitz to Hit Avocados, Cars and Bell Peppers​

President Donald Trump’s upcoming 25% tariffs on goods from Canada and Mexico and 10% duties on products from China are set to ricochet through households, raising prices for a wide range of items including vegetables, fruits and cars.

Economists have warned that US-based companies paying more to import products will hike prices to absorb at least some of the extra expenses.

In the worst-case scenario, when shoppers don’t substitute for US-made goods and 100% of the tariffs is passed onto consumers, it could work out to roughly $835 per person, or $3,242 for a family of four, according to ING estimates. The impact wouldn’t be felt immediately, but there will be a squeeze on spending power in the medium to long term, James Knightley, chief international economist at ING, said in note.

More:

https://www.msn.com/en-us/money/oth...S&cvid=e47e6b4b215a485ab255c87bf554cab7&ei=16
 

Canada, Mexico Want America to Feel the Pain of Tariffs Too​

Canada and Mexico will suffer severe economic blows from the tariffs President Trump announced on Saturday. Their strategy is to make sure Americans feel the pain too.

America’s neighbors to the north and south are much smaller economies, with their combined gross domestic product equaling just one-seventh of the U.S.’s $27 trillion. The tariffs risk pushing the U.S.’s top trade partners into recession, as both nations send 80% of their exports to their bigger partner. The Canadian dollar and the Mexican peso are likely to weaken against the U.S. dollar.

More:

https://www.msn.com/en-us/money/oth...S&cvid=941d9eae7aa844bcb41caefb29845703&ei=12
 

Dow futures drop 500 points after Trump hits Canada, Mexico and China with tariffs: Live updates​

Stock futures tumbled Sunday night to kick off a new trading month as investors weighed new U.S. tariffs on goods from key trade partners and their potential impact on the economy and corporate profits.

Futures tied to the Dow Jones Industrial Average slid 528 points, or 1%. S&P 500 futures dropped 1.9%, while Nasdaq-100 futures lost 2.7%.

President Donald Trump on Saturday slapped a 25% tariff on goods from Mexico and Canada. He also placed a 10% levy on imports from China. The U.S. does about $1.6 trillion in business with the three countries.

More:

 
www.freightwaves.com

Borderlands Mexico: Tariffs won’t stop soaring cross-border trade, experts say

This week in Borderlands: Tariffs won’t stop soaring cross-border trade, expert says; Nestle investing $1B in Mexico to boost production; Polar Leasing Co. plans Texas distribution hub; and German equipment manufacturer opens $20M plant in northern Mexico.
www.freightwaves.com www.freightwaves.com

www.freightwaves.com

Mexico and Canada strike back with retaliatory tariffs on US

Canada and Mexico said they would impose tariffs on imports from the U.S. in retaliation for duties announced by President Trump on Saturday.
www.freightwaves.com www.freightwaves.com
 
gcaptain.com

Rubio In Panama For Canal, Migration Talks

By Simon Lewis PANAMA CITY, Feb 2 (Reuters) – The top diplomat in President Donald Trump’s administration, Marco Rubio, began his first foreign visit on Sunday, meeting Panamanian President Jose Raul Mulino to...
gcaptain.com gcaptain.com
 
Let's start with assuming I am an idiot.

What do we import from Canada? My feeble mind gives me car parts, assembled cars, grain, and lumber. I must be missing a lot of others.

What do we import from Mexico? Again, I am stupid. Is it cars, car parts, batteries, and avocados? Or am I missing a lot of Leviton electrical parts for new construction? Do we import a lot of Mexican oil? Is PEMCO still a major player? Or what else did I miss that is important? Please inform me, as I am stupid.

Thank you for instructing a faulty mind.
 
Someone_else said:
What do we import from Canada?
Click to expand...

United States Imports from Canada - 2025 Data 2026 Forecast 1991-2023 Historical

United States Imports from Canada was US$429.6 Billion during 2023, according to the United Nations COMTRADE database on international trade. United States Imports from Canada - data, historical chart and statistics - was last updated on February of 2025.
tradingeconomics.com tradingeconomics.com

Someone_else said:
What do we import from Mexico?
Click to expand...

United States Imports from Mexico - 2025 Data 2026 Forecast 1991-2023 Historical

United States Imports from Mexico was US$480.05 Billion during 2023, according to the United Nations COMTRADE database on international trade. United States Imports from Mexico - data, historical chart and statistics - was last updated on February of 2025.
tradingeconomics.com tradingeconomics.com
 

Dow futures slammed by 575 points after Trump hits Canada, Mexico and China with tariffs: Live updates​

tock futures dropped to kick off a new trading month after President Donald Trump hit several key U.S. trading partners with tariffs, raising fears that a full-blown trade war would disrupt global supply chains, reignite inflation and slow the economy.

Futures tied to the Dow Jones Industrial Average fell 572 points, or 1.3%. S&P 500 futures dropped 1.5%, while Nasdaq-100 futures lost 1.7%. The Cboe Volatility Index, Wall Street’s fear gauge, spiked above 20.

The impact from the new tariffs ricocheted around the globe in a risk-off move:

More:

 
theconversation.com

Trump’s 25% tariffs on Canada and Mexico amp up the risk of a broader trade war

Trump’s new tariff war with Canada and Mexico shows his willingness to weaponise trade in pursuit of unrelated political goals. Here’s why it matters globally.
theconversation.com theconversation.com

maritime-executive.com

The Art of the Transit Deal: Canada Holds Trump Card on Great Lakes Trade

US President Donald Trump has imposed a 25% tariff on Canadian Goods entering the USA. Canada holds a trump card in that the economy of several Ameri...
maritime-executive.com maritime-executive.com
 

North American Trade War Begins​

Market reaction​

Stock futures are sliding, the dollar is surging, crypto is tumbling, and oil is on the rise, after President Trump imposed his long-promised tariffs on Mexico, Canada and China. Markets don't like uncertainty, or the retaliation, especially when it's likely to be the first of many such actions under the International Emergency Economic Powers Act. It's also developing some new trading strategies, like one from SA subscriber CatchTheFallingKnife, who recommends playing the "Trump VIX" by "buying the dip and selling the rip" over the next four years.

More:

seekingalpha.com

North American Trade War Begins

Discover the latest market reactions to President Trump's new tariffs on Mexico, Canada, and China.
seekingalpha.com seekingalpha.com
 
theloadstar.com

US delays tariffs on Mexico for one month as it starts negotiations - The Loadstar

UPDATED 2.2.25, 16.10 GMT to include tariff implementation delay The US has agreed to postpone tariffs on Mexico for one month, following a call with Mexico’s president Claudia Sheinbaum. In a post on social media, that revealed his transactional view of tariffs, Mr Trump said that Mexico would...
theloadstar.com theloadstar.com

theloadstar.com

Changes on key transpacific trades as alliance services are reshuffled - The Loadstar

Transpacific shippers can expect reduced capacity on Asia-North America West Coast liner services as new shipping alliances bed in
theloadstar.com theloadstar.com
 

Stock futures fall as Alphabet and AMD drop after earnings: Live updates​

Stock futures fell Wednesday after mixed quarterly figures from Alphabet and chipmaker AMD led the tech sector lower. A decline in Apple also put pressure on futures.

S&P 500 futures and Nasdaq 100 futures slid 0.4% and 0.8%, respectively. Dow Jones Industrial Average futures was lower by 39 points, or 0.1%.

Alphabet shares tumbled 7% after the Google-parent posted a cloud revenue miss as it ramps up spending on artificial intelligence, spooking investors who worried the megacap tech company will take longer to capitalize on its AI ambitions. Overall revenue for the period also came up short.

More:

 

Wall Street Breakfast Podcast: Alphabet Slips As AI Growth Drives Higher Capex​

Summary​

  • Alphabet's Q4 revenue missed estimates, but adjusted EPS exceeded expectations; the company plans $75 billion in capital expenditures for 2025, focusing on AI and cloud infrastructure.
  • Walmart is reportedly consolidating jobs and closing offices in North Carolina, moving positions to headquarters in Bentonville, Arkansas, Sunnyvale, California, and Bellevue, Washington.
  • Nissan is likely to reject a takeover offer from Honda, with a board meeting expected soon to finalize the decision; discussions are ongoing.
More:

 

Copper Climbing! 🔥 Steel Prices Rebound & Aluminum Poised to Dominate in 2025​

📈 Check Scrap Prices: https://iScrapApp.com/ - Join us LIVE as we dive into the latest movements in the scrap metal market! Copper is making a strong push, aluminum is expected to outperform all base metals, and steel prices are finally climbing after a rough 2024. Plus, global trade policies and tariffs could create major shifts—so let’s break it all down!
👉 Read more: https://iscrapapp.com/blog/weekly-scr...


21:09
 

Stock futures climb after S&P 500 posts back-to-back winning sessions: Live updates​

U.S. stock futures climbed Thursday after the major averages posted back-to-back winning sessions.

Futures tied to the Dow Jones Industrial Average added 136 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures both rose by 0.2% and 0.1%, respectively.

Semiconductor names slid in extended trading, with Qualcomm, Arm and Skyworks Solutions respectively losing roughly 5%, 4% and 29% after reporting their latest quarterly results. Ford Motor slid nearly 5% after the automaker forecast a difficult 2025.

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Honeywell, one of the few remaining US industrial conglomerates, will split into three companies​

Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa.

The company said Thursday that it will separate from its automation and aerospace technologies businesses. Including plans announced earlier to spin off its advanced materials business, Honeywell will consist of three smaller entities in hopes that they will each be more agile.

More:

https://www.msn.com/en-us/money/com...S&cvid=e7a0f79beaee4a758ab09003beb46dba&ei=15
 
Compass Maritime Week 5

Bancosta Week 5

www.drewry.co.uk

World Container Index - 06 Mar

06 Mar 2025: Drewry’s World Container Index decreased 3% to $2,541 per 40ft container this week.
www.drewry.co.uk www.drewry.co.uk

Baltic Exchange Dry Index - Price - Chart - Historical Data - News

Baltic Dry increased 231 points or 23.17% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on March of 2025.
tradingeconomics.com tradingeconomics.com
 

Wall Street Breakfast Podcast: E.L.F Beauty's Glow Fades On Weak Guidance​

Summary​

  • e.l.f. Beauty (NYSE: ELF) plummets 27% premarket after lowering FY2025 guidance due to soft January trends and TikTok confusion.
  • Amazon (NASDAQ: AMZN) shares dip despite beating profit estimates.
  • Nikola (NASDAQ: NKLA) nears bankruptcy, exploring options including sale or restructuring, as reported by The Wall Street Journal.
More:

 
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