Trump has described himself as a master dealmaker. But the retreat from his Canada and Mexico duties had all the hallmarks of trade policy being shaped on the fly.

Several major retail companies have cautioned that tariffs will swiftly lead to higher prices for U.S. consumers. 

High grocery prices are squeezing lower-income consumers. 

The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.

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It’s a significant shift for a country that purchases almost as much in U.S. goods each year as the entire European Union.

Adding FTZ or bonded warehousing capabilities can have a huge impact for 3PL providers, particularly in areas with high volumes of international trade.

U.S.-based companies are also likely to suffer because of reciprocal tariffs imposed by America’s trading partners in retaliation, threatening profit from exports. 

Retailers are likely to oppose the action, arguing that the added costs would eventually have to be passed on to consumers.

Prices will rise, maybe wages will too. The question is whether Trump’s new tariff regime will pay off.