Tariff shock halts US freight momentum in April after Q1 surge
US import bookings plunged in April after a Q1 surge, as shippers paused amid tariff shocks. Bookings fell 49 per cent in early April; US-China trade was hit hardest. Apparel, textiles, and key raw materials saw steep drops. With effective tariffs on Chinese goods now at 145 per cent, firms are reassessing sourcing and trade strategies amid ongoing uncertainty.
US import bookings plunged in April after a Q1 surge, as shippers paused amid tariff shocks.
Bookings fell 49 per cent in early April; US-China trade was hit hardest.
Apparel, textiles, and key raw materials saw steep drops.
With effective tariffs on Chinese goods now at 145 per cent, firms are reassessing sourcing and trade strategies amid ongoing uncertainty.
