On February 1, President Trump announced the implementation of a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China, effective February 4. In response, LVK, a leading ...
LVK CEO Maggie Barnett Offers Expert Insight on How Tariff Changes Will Disrupt E-Commerce Brands and Consumers
NEW YORK: On February 1, President Trump announced the implementation of a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China, effective February 4. In response, LVK, a leading U.S.- and Canada-based third-party logistics (3PL) provider, is breaking down the immediate implications for e-commerce brands and how businesses can adapt to the elimination of de minimis and the new tariffs.
"The administration's intent is clear," says Maggie Barnett, CEO of LVK. "They want to boost American jobs and curb fentanyl imports via small parcels. This means the de minimis loophole—widely used by e-commerce businesses—has been broadly closed for imports from Canada, Mexico, and China."
Key Insights for E-Commerce Brands:
What Brands Should Do Now:
Broader Economic Impact:
Maggie Barnett Available for Interviews
Maggie Barnett, CEO of LVK, is available to discuss:
About LVK:
LVK is a female-led, full-service third-party logistics partner specializing in solving complex fulfillment challenges for omnichannel brands. With a 51% female workforce and a management team of 41% female, LVK operates seven warehouses across the U.S. and Canada. Services include DTC pick-and-pack fulfillment, FBM, B2B fulfillment, and special projects like kitting and returns management. LVK is a ShipHero subsidiary, a leading Warehouse Management System (WMS) software provider for e-commerce brands and 3PLs.
Learn more at LVK.com
Fonte: Business Wire
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