US imports from China rise sharply as companies prepare for potential tariffs

U.S. imports from China surged in December as companies stockpiled goods ahead of potential new tariffs from President-elect Donald Trump. He plans to impose tariffs of 10% to 60% on various finished goods starting January 20. December saw a 14.5% year-over-year increase in imports, with 451,000 containers arriving at U.S. ports. Overall, U.S. imports from China rose 15% in 2024, driven by demand for apparel, toys, and electronics. Retailers are rushing to bring in goods to avoid tariff costs, while also preparing for potential disruptions from global events. Other U.S. imports from various countries also showed significant gains in the fourth quarter.