The Trump administration may have paused its 145% tariff on China, but uncertainty still remains for both companies and shoppers. The shipping industry overnight went from one of the most severe drops in activity since the Covid-19 pandemic to a sudden surge, as companies rush to get orders in before the 90 day window closes. Prices are likely to rise anyway. CNBC looked into why.
Chapters:
00:00 – 01:28 Introduction
01:35 Chapter 1: Worse than expected
03:18 Chapter 2: Uncertainty
06:05 Chapter 3: Case of whiplash
09:31 Chapter 4: A way forward?
Producer: Robert Ferris
Editor: Nic Golden Henry
Additional Editing: Darren Geeter
Animation: Andrea Schmitz, Jason Reginato
Additional Production Support: Lori Ann Larocco
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images
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Why Prices Will Still Rise In The U.S. Despite China Tariff Pause
