Import Cargo Rising as Higher Tariffs and Potential Port Strike Approach
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“Either a strike or new tariffs would be a blow to the economy and retailers are doing what they can to avoid the impact of...
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