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Trump’s tariffs have reportedly caused an up to 50% plummet in exports at some ports, and goods expected to arrive in the next month ‘simply won’t’

Fortune LogoFortune12h ago

Trump’s tariffs have reportedly caused an up to 50% plummet in exports at some ports, and goods expected to arrive in the next month ‘simply won’t’ - Fortune

Quick Summary:

Exports to China are down 40% over the last two months, compared to the same time last year.

The Port of Savannah saw exports fall 13%, according to Vizion’s data.

The tariffs—and in particular, those implemented in China—have the potential to rewire global trade routes, according to Swartz.


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Trump’s tariffs have reportedly caused an up to 50% plummet in exports at some ports, and goods expected to arrive in the next month ‘simply won’t’ - Fortune (Picture 1)

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Article Details

Author / Journalist: Paolo Confino

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 18:51:35 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 806 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 202 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28445639

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 55 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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  • URL: https://beamstart.com/news/trumps-tariffs-have-reportedly-caused-174655815123

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