Are Product Shortages the New Normal? How Falling Shipments from China Are Impacting Stores
U.S. retailers are warning that consumers might soon face empty store shelves and disrupted supply chains, similar to what happened during the COVID pandemic, if President Donald Trump's tariffs on China remain in place.
The tariffs, which rose to 145% this month, are forcing companies to cancel shipments from China and halt new orders. This has led to a significant drop in shipments, with data showing that the number of freight vessels arriving at the Port of Los Angeles could fall by 33% year-over-year by May 10.
Retailers typically prepare for two key shopping seasons—back-to-school sales in the fall and the winter holidays. However, the current uncertainty around tariffs is making it hard for businesses to plan effectively.
Jonathan Gold, Vice President of the National Retai...