USMA Bearings Industry Navigates Tariff Storm and Market Shifts Amid Global Economic Pressures Global bearings manufacturers face unprecedented supply chain disruption as U.S. steel and aluminum tariffs doubled to 50% in June 2025 – a move that has sent shockwaves through industrial sectors and forced American bearing companies to accelerate strategic pivots in production and sourcing. The tariff escalation compounds existing pressures from a separate 25% duty on imported automobile parts implemented last April, creating what industry leaders describe as the most challenging trade environment in decades
2025 06-18 Tariffs, capacity crunch strain global freight market: Dimerco The global freight landscape is shifting as policy changes, regional bottlenecks, and trade realignments reshape logistics strategies, according to the June 2025 Asia-Pacific Freight Market Report by Dimerco Express Group. The report highlights ongoing impacts of US–China tariffs, rising air and oce
2025 06-10 Shanghai Expands Cargo Network to Mexico, Ethiopia Shanghai is set to establish two overseas cargo stations in Ethiopia and Mexico. The initiative, led by Shanghai Airport, aims to support China’s dual circulation strategy and strengthen Shanghai’s role as a high-quality international air cargo hub.According to the China Daily, the new cargo station
2025 06-10 The Connection between Global Economy and Tariffs Introduction The global economy and tariffs have long shared a complex, often contentious relationship. As nations grapple with inflation, geopolitical tensions, and supply chain disruptions, tariffs—taxes on imported goods—are increasingly wielded as tools of economic policy. This article examines
2025 05-29