US port traffic stays high; tariff woes could cut volumes: NRF
Imports at key US ports are set to remain high through spring but may decline year-over-year by summer amid tariff hikes and trade uncertainties. Trump’s tariffs on China rose to 20 per cent, and new fees on Chinese-built ships are under consideration. Despite these challenges, container volumes surged in early 2025, though declines in June and July may mark the first dip since 2023.
Imports at key US ports are set to remain high through spring but may decline year-over-year by summer amid tariff hikes and trade uncertainties.
Trump’s tariffs on China rose to 20 per cent, and new fees on Chinese-built ships are under consideration.
Despite these challenges, container volumes surged in early 2025, though declines in June and July may mark the first dip since 2023.
