– The turbulence caused by US import duties can be seen in new US seaborne import data for May, which included a 5.7% year-over-year drop in total imports and an unseasonal month-over-month decrease in shipments of consumer electronics and leisure goods of 15.8%. Changes in de minimis shipping rules can be seen in a surge in the average containers-per-shipment ratio.
– Firms’ coping mechanisms include: diversifying supplies in the case of dog-toy seller Bark Inc., raising prices as coffee supplier The J.M. Smucker Co. is doing, inventory front-loading pursued by motorcycle makers, ...