Retail Import Growth Will Slow as Section 301 Tariffs Take Effect
Imports at U.S. container ports increased 13% to 2.23 million Twenty-Foot Equivalent Units in June, lapping last year’s post “Liberation Day” lull, according to the NRF and Hackett Associates’ Global Port Tracker report. Retailers are well-prepared to meet Holiday demand, following an accelerated import calendar since IEEPA tariffs were ruled illegal by the Supreme Court. Now that the broad-based 10% or 12.5% Section 301 tariffs are in ... Log in to view full article.