Businesses Stocking Up Due to Possible Tariff Hike | Business Matters (Nov. 20)

Don Ma
By Don Ma
November 20, 2024Business Matters
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During his campaign, Trump promised to impose tariffs of 60 percent on all Chinese goods. As a result, some American businesses are stockpiling imported goods. Some economists think the surge in exports from China last month may have been due to front-loading in anticipation of election results.