Black Friday Shoppers Have President Trump to Thank for Pre-Tariff Bargains — Panjiva


Black Friday Shoppers Have President Trump to Thank for Pre-Tariff Bargains

China 2288 Cons. Discr. - Retailing 235 Industrials - Capital Goods 370 Info Tech - Tech Hardware 526 Tariffs 1527 U.S. 4074

Strong consumer confidence and concerns about a widening of the Trump administration’s tariffs on Chinese exports have led to a surge in U.S. imports of consumer electronics and home appliances ahead of the holiday shopping season. Seaborne imports of laptop computers surged 46.4% on a year earlier for the four months running to Oct. 31 – the main shipping season for holiday sales products. Meanwhile imports of TVs climbed 36.6% and audio systems increased 30.2% over the same period. A similar effect can be seen for household appliances with fridges rising 56.9% and microwaves by 20.0%. ...

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