The Headline
Current impacts of tariffs on trade, shipments, and consumer products
Tariffs will lead to empty shelves in U.S. stores in a few weeks and COVID-like shortages for consumers and for firms using Chinese products as intermediate goods.
Torsten Sløk
Chief Economist at Apollo Global Management
We’ve been ripped off by other countries. But China, I would say, is the leading one.
President Donald Trump
Decline in shipments from the Port of Los Angeles
10%
Decline in container bookings from China to the U.S.
60%
Estimated impact on GE HealthCare's profits due to tariffs
$500 million
Increase in value of margin calls
180%
Increase in disputes between trading parties
25%
Key Facts
- US ports are now starting to see scheduled shipments from China decline due to the high 145% tariffs imposed.
- Trump's tariffs have significantly raised costs for U.S. consumers in every sector including electronics, clothing, and building materials.
- Corporate VCs are advised to prepare for funding challenges as tariffs create uncertainty in investment and funding.
