Flexport Launches Tariff Simulator to Help Businesses Navigate Rapidly Changing Trade Policies

Business Wire

2 days ago

SAN FRANCISCO--(BUSINESS WIRE)--Flexport, the leading global logistics technology company, today announced the launch of the Flexport Tariff Simulator, a powerful new tool designed to help businesses estimate landed costs and navigate the evolving tariff landscape with greater speed and confidence. The tool is available to the general public at tariffs.flexport.com.
The launch marks the latest addition to Flexport's growing suite of customs and trade advisory technology—designed to provide importers with the data, insights, and transparency they need to make smarter, faster decisions in a complex global trade environment.
With the Flexport Tariff Simulator, importers shipping to the United States can now estimate tariff and landed cost scenarios based on key shipment details, including: Harmonized Tariff Schedule (HTS) code; Shipment value; Entry date; Country of origin; and Product-specific details such as material composition.
For example, a business importing aluminum-containing goods from China can enter the relevant HTS code, input the aluminum content, and select an entry date to receive an estimated, detailed duty calculation with landed cost. The Flexport Tariff Simulator enables dynamic scenario planning and cost forecasting as businesses explore alternative trade lanes, manufacturing options, and import timelines.
'Our customers have been telling us loud and clear: they need clarity on costs,' said Ryan Petersen, Founder and CEO of Flexport. 'Our engineering team built The Flexport Tariff Simulator in response to meet that need in the face of all the uncertainty caused by rapid policy changes. We want to help merchants avoid expensive surprises.'
Within the simulator, there is an interactive map that allows users to see critical trade data around the world including the total value of imports from a given country, the current average duty rate, and the percentage of total United States imports coming from that country.
Along with the tariff simulator, Flexport is also launching a new, searchable catalog of HTS code content. Each entry provides detailed, easy-to-understand information to help businesses better navigate classification requirements, special duty rates, and implications for their customs clearance process.
While there are a number of other duty calculators that have launched, the Flexport Tariff Simulator is unique in its intuitive user interface and the fact it is updated in real time as tariff policies change. The technology is powered by Flexport's deep expertise in trade advisory, accurately applying tariff rates in an evolving, complex environment. As tariffs shift, the simulator and HTS catalog will evolve accordingly, ensuring customers always have the most accurate and transparent data at their fingertips.
'As one of the largest customs brokerages in the U.S., Flexport is uniquely positioned to help businesses of all sizes stay compliant while managing risk and cost,' Petersen added.
The Flexport Tariff Simulator is available exclusively for U.S. imports and will be accessible to the general public for free at: tariffs.flexport.com.
About Flexport
We believe trade can move the human race forward. That's why since our founding in 2013, it's our mission to make global commerce so easy there is more of it. Flexport is the tech-driven platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Flexport was one of CNBC's Disruptor 50 Companies as well as one of Fast Company's Most Innovative Companies. Trusted by more than 10,000 brands, Flexport connects every step of the supply chain from factory floor to customer door - making it easy for businesses to ship anywhere, sell everywhere, and grow faster.