Core Insights - The U.S.-Mexico-Canada Agreement (USMCA) is under review, prompting manufacturers to consider strategies to minimize tariff exposure [1][5] - Cross-border trade has been affected by the transition from NAFTA to USMCA and the imposition of tariffs, with significant duties on non-compliant imports [2][3] - Companies are reassessing their compliance with USMCA to leverage tariff exemptions, which has led to competitive advantages for some [3][6] Trade Dynamics - The U.S. imports $505.5 billion from Mexico and $411.9 billion from Canada in 2024, making them its largest trading partners [3] - Tariff exemptions have encouraged firms to evaluate their products for compliance, although the overall tariff situation remains uncertain [2][4] Manufacturing Strategies - Manufacturers with global supply chains are hesitant to make significant changes due to the fluid tariff situation and upcoming USMCA review [4][5] - Some companies are exploring shifting manufacturing to Mexico, but there has not been a significant resurgence in U.S. manufacturing interest [4][5] Compliance Benefits - Companies already compliant with USMCA are experiencing reduced costs and gaining market advantages [6] - Methode Electronics and Newell Brands have reported increased business due to their USMCA-compliant operations, allowing them to avoid tariffs [7]

If you're waiting for delivery from UPS, the package you've been expecting may have been disposed of. UPS is telling customers, UPS customers rather, are telling us, NBC News, that their packages, including things like tea and telescopes, luxury glassware, musical instruments, even more than that, some worth tens of thousands of dollars. Those packages are stuck in customs purgatory, or maybe even gone.It's happening because a longstanding tariff exemption on low value packages ended back in August and that ...

BofA Global Research downgraded both United Parcel Service Inc (NYSE:UPS) and FedEx Corp (NYSE: FDX) to "underperform" from "neutral," and to "neutral" from "buy," respectively. The brokerage also cut the former's price target to $83 from $91, while the latter saw its price objective lowered to $240 from $245. The analyst cited the ending of tariff exemptions for small packages.UPS was last seen up 0.2% at $84.06, but earlier slipped to a five-year low of $82. The security has been struggling with overhead ...