
Containers are stacked beneath cranes at Port Newark Container Terminal as U.S. East Coast and Gulf ports resumed operations Friday after unionised dockworkers reached a tentative labour agreement with an employer group for a new contract, ending a three-day strike in Newark, New Jersey, US, October 4, 2024. — Reuters
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New York/London: In recent months, many business executives have said they have been waiting and seeing US President Donald Trump’s extensive threats to prices. Initial holiday quarter income reports show that many of them were not.
Automatic makers such as General Motors and Mercedes, French Congress makers, and Parisian cheese and shiny liquor Italian producers have provided all delivery to the United States. Commons buyers increased the purchase of steel, aluminum and soybeans in the meantime.
“We see that companies currently expose their imports to the United States,” said Patrick Lapper Half, Managing Director of the Supply China Consultancy Invertu in Cologne.
“They have modeling the scenes that they may be hit by prices, and have made a wide range of decisions to import the volume to cover for a certain time.”
Executives have described Reuters and challenges the challenges of an environment in the name of the conference has been made more uncertain than changing projects for Trump’s prices that can increase global trade and some companies transfer production to the United States Indicate.
Before returning to the post this month, uncertainty encouraged the business to be delivered. The US trade deficit reached a record $ 122 billion in December as imports of goods increased by 4.0 percent and exports declined 4.5 percent.
Paxon, which sells comfortable clothing for adolescents and young adults, is one of the many retailers who import goods.
CEO Brian Olson told Reuters that the privately occupied company had previously brought a part of its first quarter sales as part of emergency projects. It also has a “tariff task force” that is found twice a week to work with suppliers on the matter.
“There is a very active plan for Pixon to do what we can do to help our suppliers and shopkeepers,” Olson said.
Trump’s threats are likely to have a fee from 200 % to 200 % on cars on all imported goods from Mexico to all imported goods.
An examination of his commitment will come on Saturday, when the US president has said he plans to introduce duties on imports from neighbors and major trading partners Mexico and Canada.
Many sectors can be affected. According to US federal data, the United States imported about $ 844 billion worth of goods from Canada and Mexico in 2024, which is about 28 % of all imports.
Preparation efforts have already promoted some companies. German chemical company Lances said the fourth quarter’s profits were significantly better than expected due to advance purchases by US consumers.
According to the Industry Trade Association, Italian producers have sent more Permagyano Regjiano Cheese to the United States, which says it is expected to be exempted for its premium foods.
Since 2021, US imports of 20 -foot containers in November and December have increased the busiest rise in November and December. Traders from Tampa and Houston bought steel from South Korea, Japan and Turkey, expected prices in Trump’s first day. , Supply a commodity, China’s consultation. This left a large amount of steel in warehouses and ports, which increases the barriers and costs.
“We can re -supply Europe with our Canadian evil,” he said. Although this is an optional, it is certainly not beneficial to our customers and such supply chains.
Assembly line
The automotive sector has been brought to Canada and Mexico, where many companies made a factory to tap the relatively cheap laborer near the profitable US market after the 1994 North American Free Trade Agreement.
GM accelerated delivery with its facilities there in Q4.
“Every delivery that we can make before tariff is established, is much better than sitting on inventory,” said Paul Jacobson, GM’s chief financial officer. All the Japanese automaker Toyota Motor’s Tacoma Model Pickup – More than 200,000 units in a year – come from Mexico. The company’s close man said before the November election that tariffs could cause Toyota to move the production to its San Antonio, Texas, the assembly plant. According to the LSEG, S&P 500 earns about 40 % of the earnings, which data shows that most foreign exposure – tech, consumer discretionary equipment and industrial sectors. Most talk about supply chains and research.
Collecting dust?
Some companies are not advancing orders without belief in demand.
According to CEO Ishaq Lariyan, MGA Entertainment, a privately held toy, has not sent additional products, saying he has voted for Trump. Its holiday key season is over and storing extra inventory is expensive.
“Toy business is a fashion business. This is changing all the time, “said Lariyan.” We can’t buy so much inventory in expecting duties. “
The beverage industry faces some similar, as the whole sector is sold. Something was burned when he stocks at the beginning of the president’s first term.
The company’s president Rob Bono said when Trump threatened prices on champagne in 2019. US Wine Importer Old Burj Sellers (OBC) spent “a good fortune” on a one -year -old dose, said company president Rob Bono, when it was excluded from revenue, just living with valuable stocks. Will be
This experience means that if he is confirmed, he will only buy extra.
The OBC cleared the extra inventory during Covade, when supply cases meant that the major shampoo producers were unable to meet regular demand.
“We were lucky,” said Bono.