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Race to beat tariffs fuels front loading of Chinese exports
Chinese manufacturers rush shipments to beat Monday's 10 percent tariff on $200 billion of goods. E D Opto Electrical Lighting and Air China ship more by air and sea to Los Angeles and other U S ports. Firms warn prices may rise and some shortages could follow, while ports report record August volumes as anticipation builds.
MENTIONED IN THIS ARTICLE
A.P. Moller-Maersk
Yangshan
Shanghai
Air China Ltd
United States
Jiangsu
China
E.D. Opto Electrical Lighting Co
Los Angeles
Melissa Shu
U.S
Trump
Walmart
Target
Deutsche Bank
Dongguan
Lung Cheong Group
Hasbro
Lun Leung
California
Oakland
Long Beach
Rahul Kapoor
Bloomberg Intelligence
Singapore
Ralph Bradley
Fort Worth
Texas
Bradley
Jammy Inc
Congress