America's trade deficit increased by 34% in January
To more than $130bn as imports spiked in response to the threat of tariffs.
Source: US Commerce Department.
Source: US Commerce Department.
36-40, F
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Heartlander · 80-89, M
Probably why Trump delayed the Tariffs :)
Warehouses are probably now stacked to the ceiling with rushed buys trying to get ahead of the tariffs, and in hope of selling those purchases at higher future prices. But ... tariffs delayed, and now a bit of uncertainty about when they will be imposed.
Look for steep discounts soon as wholesalers rush to clear those inventories. Those rushed purchases were probably paid for with borrowed monies, loans that carry interest, and the longer those purchases sit in the warehouse the more they cost. Look for Trump to delay yet another month or two when middlemen start panicking.
Practically all consumer products are perishable, much like tomatoes and bananas. The longer something sit in the warehouse the greater the need to sell it. Selling something at a loss now is preferable to selling it 2 months from now at a greater loss. Just 2 months? Yea, how many payrolls to meet between now and two months from now?
Warehouses are probably now stacked to the ceiling with rushed buys trying to get ahead of the tariffs, and in hope of selling those purchases at higher future prices. But ... tariffs delayed, and now a bit of uncertainty about when they will be imposed.
Look for steep discounts soon as wholesalers rush to clear those inventories. Those rushed purchases were probably paid for with borrowed monies, loans that carry interest, and the longer those purchases sit in the warehouse the more they cost. Look for Trump to delay yet another month or two when middlemen start panicking.
Practically all consumer products are perishable, much like tomatoes and bananas. The longer something sit in the warehouse the greater the need to sell it. Selling something at a loss now is preferable to selling it 2 months from now at a greater loss. Just 2 months? Yea, how many payrolls to meet between now and two months from now?