Posted on February 14, 2025

US retailers are increasing imports despite the looming uncertainty surrounding President Trump’s proposed tariffs on goods imports from Asia and Europe. However, Ben Hackett, founder of Hackett Associates, warns that US port cargo volumes could suffer significantly if the tariffs lead to price increases, causing American consumers to reduce their spending. The potential impact of these tariffs on the shipping industry, including freight forwarders like RW Freight, remains a concern as businesses navigate the evolving trade landscape and strive to maintain smooth supply chain operations.

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