Don’t sleep late these days, you’re likely to miss the latest reversal in the Trumpian Tariff Saga where what’s what is what is…until it’s not. The latest news of a ceasefire with China only adds to the confusion and chaos for US importers trying to figure out their strategies for the back half of the year. Sure, they have a window to bring in product, but at what cost: still 30 percent higher –or more — than what they had been paying and with possible supply chain snafus due to backed-up inventory levels on both sides of the Pacific and shipping companies once again calling all the shots on ocean capacity. It’s another fine mess…courtesy of you know who.
WarrensReport 