💨 Abstract

Over the past weeks, U.S. ports have experienced a drop in imports, making good news about tariffs a welcome event for officials. A court initially blocked many of the former President Donald Trump's tariffs, but this decision was swiftly reversed by a federal appeals court. Rapid changes in tariff policies deter immediate import flow, causing potential shortages on store shelves in the coming months and raising prices for consumers.

Courtesy: WTOP Staff