Following Donald Trump’s election victory, supply chain experts are assessing potential industry impacts due to anticipated tariff increases. Judah Levine from Freightos mentions a “Pull Forward” effect, where importers may expedite shipments in response to expected tariffs, leading to a surge in freight activity. Trump has proposed widespread tariffs, particularly on Chinese imports, which could raise costs for importers and consumers alike. The Biden administration’s retention and expansion of certain tariffs could further complicate the flow of goods from China. Overall, an import demand surge is likely as businesses prepare for potential new tariffs.

Source: https://www.stattimes.com/logistics/trump-win-supply-chain-pull-forward-1353649