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Scott Lincicome reports that import volume at major U.S. container ports is expected to hit a new all-time record this month, as retailers increase orders ahead of anticipated tariff hikes.
Lincicome suggests this trend may generate concerns among those focused on the U.S. trade deficit during the Fall season.
Earlier this year, Lincicome reported that Commerce Secretary Lutnick was pressing tech leaders to cooperate with Intel despite the company’s financial losses and market performance challenges (link). He also covered Lutnick's decision to postpone the opening of a Canada-U.S. bridge in pursuit of increased toll revenue and greater leverage over U.S. access (link). These developments come as trade and infrastructure issues remain in focus.