Reported about 5 hours ago
As President-elect Donald Trump threatens substantial tariffs on Chinese goods, U.S. importers are increasingly stockpiling a variety of products such as apparel, toys, and electronics. This surge in imports reflects concerns of a potential trade war and aims to mitigate the financial impacts of upcoming tariffs. December witnessed a record influx of goods from China, with several categories seeing significant increases, highlighting the resilience of U.S. consumer demand amid evolving trade tensions.
Source: YAHOO