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TexasTowelie

(120,713 posts)
Wed May 14, 2025, 05:52 PM 15 hrs ago

America's ports soon could face a surge from stockpiling - CNN



US ports are facing a dramatic slowdown in cargo – but they could see the exact opposite in a matter of weeks.

Starting Wednesday, cargo leaving China bound for the United States will carry a 30% tariff rate – a reduction from the higher 145% tariff that was in place for six weeks. The United States and China announced a dramatic de-escalation in tariffs on Monday, lowering cripplingly high rates for 90 days. Experts say retailers will likely frontload more cargo during the pause, working against the clock to bring in inventory before things change again.
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America's ports soon could face a surge from stockpiling - CNN (Original Post) TexasTowelie 15 hrs ago OP
Even the 30% is ludicrous DENVERPOPS 15 hrs ago #1

DENVERPOPS

(12,122 posts)
1. Even the 30% is ludicrous
Wed May 14, 2025, 06:22 PM
15 hrs ago

Just wait until those prices hit. We already have been hit with massive price increases, and shrinklfation where quantities are less...
The selling price of products won't just go up 30%..... Because the corporations selling it will add it on to the cost of the item, then multiply that amount by their normal markup percentage,. So they will basically be "marking up" the TARIFF AMOUNT ALSO.....LOL

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