The last boats without crippling tariffs from China are arriving. The countdown to shortages and higher prices has begun

By Vanessa Yurkevich
CNN Business
May 1, 2025
Category: Business & Politics
Region: United States

New York — Some of the last cargo ships carrying Chinese goods without crippling tariffs are arriving at US ports. Come next week, that will change. Cargo on ships from China loaded after April 9 will carry with them the 145% tariff President Donald Trump slapped on goods from that nation last month. Next week there will be fewer ships carrying less cargo. For many importers, it is too expensive to do business with China. Yet China is still one of America’s most important trading partners. It’s where we get most of our clothes, footwear, electronics and microchips, which power appliances, thermostats and anything else that beeps. …Forty-five percent of supply chain leaders expect they’ll pass the higher cost from tariffs down to their customers, according to a new survey by Gartner, a corporate research firm. …With fewer cargo ships expected at US ports, local economies will suffer immediately, Gene Seroka, executive director of the Port of Los Angeles said.

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