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Trade & Tariffs·24 Jun 2026

Tariffs, trade deals and what they actually mean for your landed cost

Customs clearance stamp being pressed onto an export shipping document

Tariff headlines move fast, and every round of them lands directly on a distributor's cost sheet before it lands anywhere else. A pause, a new bracket for a product category, a renegotiated bilateral rate — each one changes the number a buyer actually pays per container, sometimes before the shipment quoted under the old rate has even cleared customs.

Why the rate on the news isn't the number that matters

Duty stacking is the part importers underestimate most. A base rate, a safeguard duty and a country-specific surcharge can all apply to the same HS code at once, and several product categories have seen combined rates climb well past the headline figure reported in the press. The number that matters isn't the tariff rate — it's that rate applied to the correct HS classification, stacked with every other duty the code carries into the destination market.

Truces and grace periods change the math, not the plan

Bilateral talks between major trading partners have produced pauses and partial rollbacks through 2026, with public comment windows on further relief still open at the time of writing. These windows matter for timing large orders, but they're not a reason to build a sourcing plan around a rate that could reset in 60 days. A landed-cost model built on the worst-case duty scenario — with any current truce treated as upside, not a baseline — is the version that survives a reversal.

How we quote around it

Nancorp itemizes landed cost against the shipment's actual HS code and destination market — not a rounded estimate — and flags when a quote depends on a tariff window that could close before the container sails. A distributor who knows the real number, and the risk around it, can price a shipment with a margin that survives the next headline.

None of this requires predicting policy. It requires quoting against the worst case and treating any relief as upside — which is how we build every wholesale quote, regardless of what changes in Washington or Beijing next quarter.