Impact of President Trump's Tariffs on Shipments from China to the U.S.
Shipments from China to the west coast of the U.S. are expected to plummet by over 35% next week due to President Trump's tariffs, leading to major American retailers stopping shipments from China. This will result in fewer goods, canceled arriving ships, and potential impact on store shelves and prices.
Key Points
- Shipments from China to the U.S. are expected to decrease by over 35% next week
- Major American retailers are stopping shipments from China due to tariffs
- Roughly a quarter of arriving ships to the Port of LA are expected to be canceled in May