Importers rush to ship goods from China ahead of expected Trump tariffs

Importers are rushing to ship goods from China ahead of expected tariffs from President-elect Donald Trump. A record 3,485 international cargo flights were reported last week, as companies aim to stockpile inventory before the tariffs take effect in January. Major U.S. retailers and tech companies, including Microsoft and Dell, are increasing orders to secure supplies before the tariffs are implemented. Analysts predict a surge in imports in late 2024 and early 2025, followed by a potential decline. Trump plans to impose a 25% tariff on imports from Mexico and Canada and a 10% tariff on Chinese goods. These tariffs are set to be signed into effect on January 20, continuing a trend reminiscent of his previous administration's trade policies.