What to know about tariffs, and how may they impact Delaware's economy?
Molly McVety
Delaware News Journal
Following a week of economic uncertainty, President Donald Trump’s message to the country was simple – “sometimes you have to take medicine to fix something.”
Proposed to spark a manufacturing boom in the United States, President Donald Trump’s tariff agenda has been hotly contested by economists since the idea was first presented, and the frequent adjustments made by the administration have led to confusion among taxpayers and industry leaders alike.
The uncertainty surrounding the policy alone could upend the economy of Delaware and the nation as a whole, many experts contend, and alter global trade alliances.
Some of Delaware’s biggest trade partners have been hit the hardest by Trump’s tariff policies, and the consequences are still largely unknown as the President continues to waver on a long-term plan. Read more!
Molly McVety
Delaware News Journal
Following a week of economic uncertainty, President Donald Trump’s message to the country was simple – “sometimes you have to take medicine to fix something.”
Proposed to spark a manufacturing boom in the United States, President Donald Trump’s tariff agenda has been hotly contested by economists since the idea was first presented, and the frequent adjustments made by the administration have led to confusion among taxpayers and industry leaders alike.
The uncertainty surrounding the policy alone could upend the economy of Delaware and the nation as a whole, many experts contend, and alter global trade alliances.
Some of Delaware’s biggest trade partners have been hit the hardest by Trump’s tariff policies, and the consequences are still largely unknown as the President continues to waver on a long-term plan. Read more!
Stay Informed in Real Time on Tariffs
Are you looking for real-time updates on tariff-related news and rollouts? You can receive messages directly from U.S. Customes and Border Protection as soon as executive orders are passed, along with hyperlinks to direct resources. Sign up at Cargo Systems Messaging Service here. Small businesses can also reach out to relevant U.S. government teams for additional information. Relevant inquiry points include:
CBP also maintains an archive of trade-related Federal Register Notices that provide the public with additional guidance.
Are you looking for real-time updates on tariff-related news and rollouts? You can receive messages directly from U.S. Customes and Border Protection as soon as executive orders are passed, along with hyperlinks to direct resources. Sign up at Cargo Systems Messaging Service here. Small businesses can also reach out to relevant U.S. government teams for additional information. Relevant inquiry points include:
- Section 301 and Section 232 tariff implementation: CBP Office of Trade Remedies [email protected]
- Section 301 Investigations: Office of United States Trade Representative Hotline 202-395-5725
- International Emergency Economic Powers Act (IEEPA) tariffs: CBP Office of Trade [email protected]
- General U.S. small business questions: CBP Small Business Relations [email protected]
CBP also maintains an archive of trade-related Federal Register Notices that provide the public with additional guidance.
Resources for Exporters and Importers
U.S. federal trade policy influences how Maine businesses are able to import, manufacture, and export goods and services. While tools such as Free Trade Agreements promote trade between countries, tariffs and non-tariff barriers often increase the cost of trade.
The rules of international trade change; however, our role remains the same. For over 25 years, MITC has helped Maine businesses succeed in global markets. Our team is here to help Maine businesses navigate the changes ahead. Read more!
U.S. federal trade policy influences how Maine businesses are able to import, manufacture, and export goods and services. While tools such as Free Trade Agreements promote trade between countries, tariffs and non-tariff barriers often increase the cost of trade.
The rules of international trade change; however, our role remains the same. For over 25 years, MITC has helped Maine businesses succeed in global markets. Our team is here to help Maine businesses navigate the changes ahead. Read more!
GBA Tariff Tracker
GBA is committed to keeping members informed about the latest tariff developments under President Trump’s administration. As new tariffs are implemented, their impact on global supply chains, investment and manufacturing continues to evolve.
Click HERE to learn more about the GBA Tariff Tracker to help navigate the numerous announced and threatened tariff developments.
GBA is committed to keeping members informed about the latest tariff developments under President Trump’s administration. As new tariffs are implemented, their impact on global supply chains, investment and manufacturing continues to evolve.
Click HERE to learn more about the GBA Tariff Tracker to help navigate the numerous announced and threatened tariff developments.
Current Tariff Landscape for UTAH Companies
Tariffs are shaping the trade environment and will present significant challenges for Utah businesses. Global competitiveness may require rethinking regulation, expanding production requires investments, and tariffs come with risks. World Trade Center Utah is uniquely positioned to help companies navigate these challenges to mitigate potential impacts. Our team is closely monitoring policy developments and created the following dashboard to help you stay updated on the latest trade actions. This database is tracking actions from the current administration, and noted tariffs are on top of preexisting tariffs. In certain circumstances, these tariffs can be layered. Read more!
Tariffs are shaping the trade environment and will present significant challenges for Utah businesses. Global competitiveness may require rethinking regulation, expanding production requires investments, and tariffs come with risks. World Trade Center Utah is uniquely positioned to help companies navigate these challenges to mitigate potential impacts. Our team is closely monitoring policy developments and created the following dashboard to help you stay updated on the latest trade actions. This database is tracking actions from the current administration, and noted tariffs are on top of preexisting tariffs. In certain circumstances, these tariffs can be layered. Read more!
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