Talking Tariffs with CSC…
Tariff update August 6 2025
Adding on to our last week update
Starting tomorrow, August 7, 2025, the new tariff rates go into effect. It is overall an increase from the 10% that went into place earlier this year for most countries. These tariffs are immediate as the containers arrive at the port; the container may have left weeks ago under a different situation, but is subject to the new tariff when it arrives.
As mentioned, we are focused on a few heavy textile-producing countries. These are their current impacts:
Country Tariff Rate
Bangladesh 20%
Cambodia 19%
India 25%
Nicaragua 18%
Pakistan 19%
Vietnam 20%
Other specific situations:
- India is also facing a much heavier tariff due to its relationships with Russia and Venezuela, an additional 25%, giving them a 50% rate.
- USMCA (NAFTA) appears to be still in effect.
- Canada is looking at 35% tariffs on their products, with higher tariffs on specific products like copper. Canada has a reciprocal tariff applied, so it appears we are in somewhat of a Canadian trade war at this point.
- Mexico is looking at higher tariffs on its products, but it has been put on hold for 90 days as both countries negotiate. There is quite a bit of textile manufacturing in Mexico, but most of it qualifies as a USMCA product and continues to flow duty/tariff-free.
- China tariffs sit around 30% with many exceptions. This deal runs out on August 12, 2025. If an agreement is not reached, it is expected that Tariffs will rise by an additional 34%. In Stockholm earlier this month, there was an agreement to have a 90-day extension to talks; it is on Trump's desk awaiting approval.
- Brazil is also facing many additional tariffs, which have not had a direct impact on our industry, but some global inflation could be involved.
Supplier updates:
- Calderon has announced a price increase for September 1, 2025
I assume there will be other requests for price changes in the near future; they all have to evaluate the actual impact on their Global Supply Chain strategies.
More news to follow!
Questions? Contact Jeff Landry
Disclaimer: The information provided in this update reflects the thoughts and opinions of Jeff Landry, CSC’s Executive Director, and is based on publicly available sources. It is intended solely for the purpose of education and providing value to CSCNetwork members. This content should not be interpreted as legal, financial, or policy advice.