Retail Imports Face Tariff Uncertainty, Gulf War Risk
Imports came in below forecast at 2.08 million Twenty-Foot Equivalent Units in Jan., down 6% year-over-year, according to the NRF and Hackett Associates, but it’s too early to project the impacts of conflict in Iran or recent tariff changes. Very little U.S.-bound cargo travels through the region affected by the action in Iran, NRF noted, and the Supreme Court’s decision to strike down IEEPA tariffs could ... Log in to view full article.