
Importers of Chinese made goods, including many product suppliers in housewares, will be facing a new round of tariffs beginning in September.
Importers of Chinese made goods, including many product suppliers in housewares, will be facing a new round of tariffs beginning in September.
The flow of imports at the nation’s major ports is expected to remain strong, according to the National Retail Federation, but growth in the months ahead is expected to be modest compared to 2018 given the rush last year to beat tariffs.
President Donald Trump has delayed a new round of tariffs that would have put a 25% surcharge on an additional $300 billion worth of products made in China, which would have included a broad range of housewares.
The National Retail Federation is backing a bill that would strengthen congressional authority over tariff increases such as those imposed by the Trump administration during the past year.
In spite of higher tariffs on Chinese-made products coming in mid-June, traffic at the nation’s major retail ports is expected to stay strong as retailers look to stock up for the back-to-school and holiday shopping seasons.
With the most recent list of proposed tariffs affecting the housewares industry, the International Housewares Association is encouraging members to contact their congressional representatives or provide comment to the United States Trade Representative (USTR) on the tariffs’ effect on their business.
With President Trump saying he plans to both increase and broaden tariffs on goods from China, imports at the nation’s major retail container ports are expected to see unusually high levels the remainder of this spring and through the summer, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
President Donald Trump has threatened to move forward with a 25% hike in tariffs on $200 billion of Chinese imports this Friday, May 10, ahead of a meeting between U.S. and Chinese trade officials that was scheduled for this week in Washington, D.C.
Imports at the major retail container ports are forecast to rise as the summer and back-to-school shopping season approaches, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Imports at the nation’s major ports of entry continued to see solid growth through the end of 2018 and into 2019, according to figures from the National Retail Federation.
Imports at the nation’s major retail container points, while down from records highs this past fall, remain strong as retailers look to stay ahead of a possible tariff increase on Chinese made goods in March.
Following months of record growth, the level of imports at the nation’s ports have slowed, according to a report from the National Retail Federation and Hackett Associates.
The number of containers coming into the U.S. reached 2 million in October, the first time that level has been breached, according to the monthly Global Tracker Report from the National Retail Federation and Hackett Associates.
The Trump Administration has delayed the scheduled 25% tariff on $200 billion worth of goods manufactured in China that was set to begin January 1.
While the issue of tariffs has been much discussed throughout 2018, retailers and housewares product suppliers have expressed concern about their potential impact on consumer buying habits.
Import levels at the nation’s ports have slowed ahead of the holidays, but remain higher than normal, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.
Imports at the nation’s major retail container ports are expected to remain at near-record levels in October despite a new round of tariffs that took effect in September, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The Trump administration has imposed tariffs on $200 billion worth of product imported from China, which includes a host of consumer products such as housewares, consumer electronics, tools and food.
As retail sales remain strong, traffic at the nation’s container ports continues to grow as well, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.
Walmart hosted a grand opening celebration to commemorate the official opening of its new $135 million distribution center in Mobile, Alabama.