Expect Shortages Soon

CNN: “Ships now pulling into U.S. harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports. That means, in a matter of weeks, consumers will face higher prices and shortages of certain items…”

“The drop-off in imports from China on the boats now coming into port is more than 50%… Many importers have canceled previous orders because U.S. businesses aren’t interested in paying the steep tariff, which can more than double the price of Chinese goods.”