Why Prices Will Still Rise In The U.S. Despite China Tariff Pause
The Trump administration may have paused its 145% tariff on China, but uncertainty still remains for both companies and shoppers. The shipping industry overnight went from one of the most severe drops in activity since the Covid-19 pandemic to a sudden surge, as companies rush to get orders in before the 90 day window closes. Prices are likely to rise anyway. CNBC looked into why. Chapters: 00:00 - 01:28 Introduction 01:35 Chapter 1: Worse than expected 03:18 Chapter 2: Uncertainty 06:05 Chapter 3: Case of whiplash 09:31 Chapter 4: A way forward? Producer: Robert Ferris Editor: Nic Golden Henry Additional Editing: Darren Geeter Animation: Andrea Schmitz, Jason Reginato Additional Production Support: Lori Ann Larocco Senior Managing Producer: Tala Hadavi Additional footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Do you want a new career that’s higher-paying, more flexible or fulfilling? Take CNBC’s new online course - How to Change Careers and Be Happier at Work. Register today: https://cnb.cx/4igNyqZ Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why Prices Will Still Rise In The U.S. Despite China Tariff Pause
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