Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, the National Retail Federation (NRF) and Hackett Associates said.
“With trade talks with China still unresolved, retailers appear to be bringing spring merchandise into the country early in case tariffs go up in March,” Jonathan Gold, NRF Vice President for Supply Chain and Customs Policy, noted.