November 14, 2024
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"
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…
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