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Morning Minute | June 8, 2025

The Trump administration announced potential ⁠higher import tariffs starting August 1st⁠, including 25% on Japan and South Korea, with threats against retaliatory measures from other nations. This action follows President Trump's executive order to extend a 90-day pause on reciprocal tariffs until next month. Geodis has appointed ⁠Laura Ritchey as the new President and CEO of its Americas region⁠, where she will manage and grow contract logistics, freight forwarding, and transportation across North and South America. Ritchey will oversee approximately 20,000 employees in eight countries and…

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