The Port Newark container terminal was going to leave on Wednesday after President Trump’s punishment rates began, with cranes working to use a ship after another shipment, retailers and importers prepared for the new and rigid supervise.
“It’s like the storm before calm,” said Danny Sánchez, owner or Messenger service in Falcon, a small truck company based in Union, NJ. “Everyone is playing the waiting game.”
He said they are a great Upick at work, since the commercial war has heated, but said that he fears a strong fall in a month or two, the full effect of tariffs begins to hit US consumers.
Even after Trump announced on Wednesday that he was stopping his scheme of “reciprocal” rates for 90 days, local chargers and imports remained nervous about the blow they are probably.
“Each business wants certainty, and there is no certainty,” Michael should, Vice President of JW Hampton Jr. & Co., a 160 -year -old logistics company in Jamaica, Queens.
The call put “a step in the right direction”, but said it remained so, getting hotter shake.
Trump’s new request on Wednesday will increase tariffs on China’s assets even higher, to 125% on Beijing’s “lack of respect”. A world rate of 10% also continues to enter into force.
The United States buys more than China than any other country in the world, expects Mexico, for a sum of almost $ 440 billion in 2024. All types of consumer products come from China, including electronics such as iPhone, clothing and shoes.
Shoule said that even if recently imposed rates products go to lower taxes, prices are likely to rise “in everything we buy in the United States”, and that it is not surprising given the insatiable appetite of Americans by Sean.
Last year, the commercial deficit was $ 1.2 billion, and $ 295 billion alone with China.
“We have made our own beds as Americans to some extent, since we insist on having the lowest possible prices, whether Amazon, Walmart U Target. Therefore, it spends a lot of time,” he said.
“It does not mean that we have totally abused the thesis of different countries, but there were some situations that we could have advocated by the jungles of our place over the years and now there are drastic measures that are tasks because the imbalance is very bad.”
JW Hampton Jr. & Co. de Shoulle imports a variety of goods, including homemade backs from China and Nepal, copper bars of Peru, chemical and pharmaceutical products of India and Vietnam’s clothing.
He said that it is not surprising that Trump has come out when imposing the new tasks, given the way he has promoted the tariffs that date back to his book Superventas of 1987, “the art of the agreement.”
“He is saying for 30-40 years that you need shock and amazement to take people to the table. Now we are shocked and won people, so now let’s see who comes to the table.”
As for who expects to feel the pain, he said that the loading companies and the load airlines that bring goods to the US.
“Factories support all these goods and do not send, they will send them anyway, but in the meantime, they probably do not make much production for the United States. Who will make orders if you already have products there?”
Next to feel the tariff pain will be the truckers, Shoulle said, “less shipments that enter mean less businesses for them, and use many people,” he said.
Sánchez said that one of his greatest fears is a return to an era of the pandemic that touches the fees for load if the volume of imports falls dramatically.
That would put its closest company at a disadvantage compared to large -scale companies that could compensate for the loss of income in the volume.
“There are thousands of truckers here, so you have to be competitive. If rates drop, Owner operators won’t scholause to move the freight it’s not worth it for them. GOND, GONNA GOID, GONNA GOOND, GONNA GOOND, GONNA GOOND, GONNA GOOND, GONNA GONDA GOOND GONDA GOOND, GONNA GOOND, GONNA GOOND GONDE GOOND GONNA GOOND GOOND GOOND GOOND GOOND GONNAID, GONNAID.
“Everyone is nervous because we only stand up and it seems that we will go down again.”
He said that some truck drivers have told him if the rates collapse as they did, what lasted, they can consider abandoning the industry completely.
“Truckers who have been doing it for 15 years, this is all they know. They say they could find another profession is not as easy as they think it will be,” he said.
Sanchez said it was “great” to see Trump put his homework in pause, but said it was “ridiculous” to increase Chinese rates to 125%.
“I don’t know how it will happen,” he said. “That is a big problem for us.”
On Wednesday, the Post approached several members of the International Union of Horemen Long-Horemen (ILA), whose president, Harold Daggett, has been a defender departs from Trump, but they are keeping the mother in tariffs for now.
Additional reports from Kevin Sheehan.
