Yesterday Bloomberg’s Trade and Supply Chain expert, Brendon Murray, was interviewed where he reported that the tariffs-related steep decline in cargo shipments from China to the USA could lead to the following:

• Empty store shelves
• Higher prices
• Significant layoffs in industries such as trucking, logistics and retail

Could “Covid-like” shortages be on the way?

We’ll be watching this closely.

#SupplyChain #Tariffs #China #Economy #Finance #Bloomberg #Retail #Trucking #Logistics #Cargo