When the cost of importing goods goes up significantly with little notice, manufacturing orders get paused. Without orders to ship to the customers that normally make the orders, shippers reduce the number of boats that sail. When fewer boats sail, less stuff gets imported. When less stuff gets imported, there’s less stuff to buy at the stores.
We are currently in “Chapter 3: The Sinking of the Supply Chain” of this story on tariffs. We are going to see work pauses, layoffs, stockpiles of empty containers, less products to buy, less items on sale, and more of our own exports piling up in short order. For how long? Good question.
This is not the Spring 2025 that any of us ordered, but it is the one that shipped - and there is a strict no return policy. This episode the guys dip their toes into the pool of what we currently know is coming in the next couple of weeks for our supply chain among the chaos.
UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles
Adidas warns it will raise prices on all U.S. products due to tariffs
Walmart, Target resume business with some Chinese factories after tariff-related halt, suppliers say
Chinese factories are stopping production and looking for new markets as U.S. tariffs bite
US farmers in ‘full-blown crisis’ as Chinese orders for pork, soybeans plunge over Trump tariffs
The White House has put itself and the country in a bad situation - Molson Hart
Trump & Tariffs: Last Week Tonight with John Oliver (HBO)
How Trump’s tariffs actually work on the ground | The Verge
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