The prices reflect efforts to move supply chains to avoid tariffs — and a surge in fuel import costs driven by the cold weather this winter.
Dealers aren’t sure they’ll be able to get it into the country ahead of the threatened Aug. 1 deadline.
President Trump has called for a 50% tariff on imported copper.
The share of goods the U.S. imports from China has declined to its lowest level since 2006, as manufacturers and retailers seek to diversify their supply chains.
As congestion eases at some ports, “we know the fixed date of when freight is arriving now,” said customs broker Gretchen Blough.
This year computer maker Dell will pay at least $200,000 to staff a southbound cargo lane four extra hours a day.
In last night's State of the Union address, President Obama proposed new trade talks with the EU. How are leaders in Europe reacting?
The nation’s trade deficit plunged in December, likely giving the U.S. economy an unexpected boost to round out the year.
Other countries may not be buying as much of our stuff, but our buying more of theirs is an indication of consumer strength.
New data for the month of November show the U.S. trade deficit has hit its widest point in seven months — but could that be a good thing?
