Reported about 9 hours ago
US ports are experiencing a slowdown in cargo due to high tariffs, but a recent reduction in rates could lead to a surge as retailers rush to stockpile supplies before changes take effect. Starting this Wednesday, tariffs on Chinese imports will drop to 30% from 145%, prompting expectations of increased shipments. Experts anticipate that while the short-term effects may show declining cargo volumes, a significant influx may occur over the next few months as businesses adapt to the shifting trade landscape.
Source: YAHOO