Retailers See Cargo Surge Coming
Retailers are forecasting an import cargo surge at U.S. ports this summer following the 90-day break in the tariff fight between China and the United States.
The outlook by the National Retail Federation’s Global Port Tracker provides a detailed picture of how current trade policies are influencing U.S. ports and the anticipated changes in import volumes.
As retailers brace for the peak back-to-school and fall-winter holiday seasons, there is a pronounced surge in imports driven by a temporary reduction in tariffs on goods from China.
Many retailers...
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