Is it possible that the will they won’t they tariff policy is actually increasing imports, since companies now have to hold more inventory to cover for it?
Depends, but generally what people do is “nearshoring” or “friendshoring” where they send things through a different country that has lower rates - i.e. if you can ship it directly from India but it costs too much on tarrifs, ship it from India to Mexico and drive it over the border to get a lower rate.
Is it possible that the will they won’t they tariff policy is actually increasing imports, since companies now have to hold more inventory to cover for it?
Not in the wine importing business I work at. We are seeing across the board reductions and changes in drinking habits
Depends, but generally what people do is “nearshoring” or “friendshoring” where they send things through a different country that has lower rates - i.e. if you can ship it directly from India but it costs too much on tarrifs, ship it from India to Mexico and drive it over the border to get a lower rate.