4 ms·

U.S. Imports Drop 19.8% in April (Yes, That's a Record)

• deleted 1y ago
  [deleted]
• jfengel 1y ago
  It's interesting that this has not (so far) turned into substantially empty shelves, or widespread inflation. Presumably it takes a while for the pipelines to empty. I'm not sure what the distribution of this stuff is. If we're buying less junk that we can live without, it doesn't seem like a problem. If it's critical items like food, tech, transportation... that could hit like a ton of bricks. And if it took months for the pipelines to empty, it could take months for them to fill up again.
  • verdverm 1y ago
    Many importers overstocked before tariffs kicked in, so hopefully shelves don't go empty before courts permanently stop the unlawful tariff imposition by the executive branch