U.S. ports are experiencing a slowdown in cargo due to recent tariff adjustments. Starting Wednesday, cargo from China will face a 30% tariff rate, reduced from the previous 145%. This reduction is part of a 90-day de-escalation agreement between the U.S. and China. Retailers may frontload cargo during this period, anticipating potential changes. While West Coast ports currently report fewer ships and cargo, experts predict a surge in imports as retailers prepare for the holiday season. However, the uncertainty surrounding tariffs continues to impact supply chains significantly.
— new from CNN
