Imports at the nation’s major retail container ports are expected to grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China.
New tariffs, reduced retail spending, and lost jobs are among the outcomes if the United States exits the 24-year-old North American Free Trade Agreement.
The news that President Trump instructed the United States Trade Representative to consider an additional $100 billion in tariffs on Chinese imports is raising alarm among retailers.
Automatic thermostats, cash registers and centrifugal clothes driers. These are among the products imported from China on the U.S. Trade Representatives’ tariff list.