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US Retailers Frontload China Orders for Holiday Season, Shipping Firms Say

US Retailers Frontload China Orders for Holiday Season, Shipping Firms Say

World Maritime
US Retailers Frontload China Orders for Holiday Season, Shipping Firms Say
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June 30 (Reuters) – U.S. retailers have brought forward orders from China by four-to-six weeks to secure their inventories for Black Friday and Christmas holiday sales before expected tariff hikes later this year, shipping executives said.

U.S. President Donald Trump’s visit to China last month has preserved the detente between the world’s two largest powers, but uncertainty remains high.

A universal 10% U.S. tariff imposed by Washington in February, after the Supreme Court declared some earlier tariffs illegal, expires on July 24, but it is widely expected to be replaced with higher levies.

The U.S.

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