Tariffs

 NPR - NPR’s Scott Horsley tells Up First that the importers he’s talked to about the drop in tariffs showed determination and a feeling that it’s time to return to work. A huge number of U.S. businesses rely on Chinese factories for their merchandise. Bonnie Ross, a clothing importer, says many are expected to rush to bring in their merchandise, but the capacity of the factories, the cargo ships and ports is limited. The crunch for time could lead to high shipping costs on top of the 30% tariffs. The big drop in tariffs shows a sign of how unpredictable the tariff landscape is under the Trump administration, Horsley says.