Consumers are willing to spend but they’re being “choiceful” about what they buy, CEO Ron Vachris said on a call with analysts.

U.S. ports handled just over 2.2 million twenty-foot-equivalent units in January, marking an increase of 4.4% from December, and 13.4% year-over-year.

Trump has described himself as a master dealmaker. But the retreat from his Canada and Mexico duties had all the hallmarks of trade policy being shaped on the fly.

Several major retail companies have cautioned that tariffs will swiftly lead to higher prices for U.S. consumers. 

High grocery prices are squeezing lower-income consumers. 

Mexico continued to attempt to negotiate with the Trump administration right up to the deadline. Canada swore to introduce retaliatory tariffs.

The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.

Traceability is no longer just a regulatory requirement nor optional; it is a pathway to competitiveness, consumer trust and long-term resilience.

It’s a significant shift for a country that purchases almost as much in U.S. goods each year as the entire European Union.

Many experts agree that among the most likely consequences of tariffs meant to equalize trade deficits or boosts domestic manufacturing are higher prices for consumers.