In general, a shipment from Shanghai to Los Angeles take 20-30 days, adding another 15 days for transit through the Panama canal to New York.
A report in Sourcing Journal cited Kyle Henderson, CEO and co-founder of Vizion, who highlights a sharp drop in bookings of apparel shipments.
“A low-margin, high-volume Asia-origin business like apparel is extremely susceptible to the tariff whiplash,” Henderson said. “You can see the rationale of pause or hold all shipments, because if anything starts arriving in the country and these tariffs are active, a brand might now financially be in a tough spot because they now owe a pile of cash that they’re not prepared to pay.”
This article was written by Adam Button at www.forexlive.com. Read More Details
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