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International Sales & Marketing
Trade Wars Explained: How the 2018 Tariffs Are Affecting Us (Infographic)
On: October 8, 2018 | By: 
David Noah |
4 min. read
Whatever you think about President Donald Trump's trade agenda, there's no denying that 2018 has been an unusual year for international trade.
We've seen new tariffs on steel and aluminum imports (with some on-again, off-again exemptions); renegotiation of the US-Korea Free Trade Agreement (KORUS) and the North American Free Trade Agreement (NAFTA, soon to be known as USMCA—The US-Mexico-Canada Agreement); imposition of broad new tariffs against China (and vice versa); and a whole lot of heated rhetoric. It's hard to keep track of all the changes!
The infographic below, Trade Wars Explained, is one attempt to explain the impact of all these changes. Review the chart and then let me know what you think in the comments section below. (If the Infographic is too small to read on your screen, click on the image to enlarge it.)
Trade Wars Explained: How the 2018 Tariffs Are Affecting Us
Additional Resources
In addition to the information provided in the infographic, here are many additional resources available to help your company succeed in international trade:
Free White Papers
- The Beginner's Guide to Export Forms
- Developing Your Export Strategy: Five Things Every Exporter Should Know
- Evaluating Export Markets: How to Assess Country and Customer Risk
- Export Procedures and Documentation: An In-Depth Guide
- What You Need to Know about Export Compliance
International Trade Books
- Doing Your Duty: Product Classification According to the Harmonized Tariff Schedule of the United States
- Exporting: Regulations, Documentation & Procedures
- Letters of Credit in International Trade: A User's Guide
- Managing Forwarders, Brokers and Carriers in Your International Supply Chain
- U.S. Import Audit Preparation & Customs Compliance
- U.S. Import Regulations, Procedures & Guidelines
International Trade Seminars
- Export Documentation and Procedures
- Import Documentation and Procedures
- Importing 201
- Incoterms 2010: Terms of Sale
- International Logistics
- Letters of Credit
- NAFTA Rules of Origin
- Tariff Classification: Using the Harmonized Tariff Schedule
