US import cargo to surge amid temporary tariff relief on Chinese goods
US import cargo volumes are expected to rise this summer as retailers rush to bring in goods during a 90-day pause and tariff reduction on Chinese imports, ending in August. April imports rose 9.6 per cent year on year but May saw a sharp drop. Volumes are forecast to rebound June–August, ahead of a possible decline later in 2025 if tariffs resume, according to Global Port Tracker.
US import cargo volumes are expected to rise this summer as retailers rush to bring in goods during a 90-day pause and tariff reduction on Chinese imports, ending in August.
April imports rose 9.6 per cent year on year but May saw a sharp drop.
Volumes are forecast to rebound June–August, ahead of a possible decline later in 2025 if tariffs resume, according to Global Port Tracker.
