Cargo volume and prices expected to surge as US importers prepare for Trump presidency

“Neither of these developments is good for retailers, their customers, or the economy"
Donald Trump signs a memoradum of support for the lobster industry during his first term as U.S. president | Photo courtesy of The White House/Wikimedia Commons
Donald Trump signs a memoradum of support for the lobster industry during his first term as U.S. president | Photo courtesy of The White House/Wikimedia Commons
8 Min
The expected effects of tariffs proposed by U.S. president-elect Donald Trump, paired with the possible resumption of the East and Gulf Coast port strike, has experts predicting a surge in volume at the nation’s container ports – and U.S. importers are bracing for costs.  National Retail Federation (NRF) Vice President for Supply Chain and Customs Policy Jonathan Gold said the tariffs and cargo disruptions will both pose issues. “Neither of these developments is good for retailers, their…


SeafoodSource Premium

Become a Premium member to unlock the rest of this article.

Continue reading ›

Already a member? Log in ›

Subscribe

Want seafood news sent to your inbox?

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500
Editor's Choice