Tariff wave causes shipping capacity overflow.

President Trump has indicated a potential imposition of additional tariffs on imports from China, Mexico, Canada, and other nations entering the United States, prompting a significant increase in shipments ahead of the Lunar New Year.

Moreover, ongoing conflicts in the Middle East continue to pose challenges. A notable disruption to the maritime supply chain has arisen from attacks by the Yemeni Houthi rebel group on commercial vessels navigating the Red Sea, resulting in numerous ships rerouting around the Cape of Good Hope, which may instigate further repercussions.

To circumvent the anticipated high tariffs proposed by Trump, downstream brands and distributors have recently expedited their orders, not only for textiles but also for a variety of 3C products.

*Photo reference: https://www.gocomet.com/blog/trumps-second-term-tariff-impact-on-global-trade-supply-chains-us-china-relations/