How Companies Are Dodging Trump Tariffs On Canada, Mexico And China

 

CNBC

3.79M subscribers

#CNBC #Tariffs #Trump

U.S. companies are frontloading cargo bound for the U.S. due to the uncertainty regarding tariffs. Walmart, Columbia Sportswear and Lenovo have been actively stockpiling goods, according to U.S. Customs data. But not all shippers can afford to. Footwear company Deer Stags said its $50 shoes will go up to $75 if tariffs are increased. Higher tariffs could also have a big impact on Mexico trade. Mexico was the largest exporter of goods to the U.S. in 2024, ahead of China, accounting for $466 billion in imports. CNBC’s Lori Ann Larocco travels to Fort Worth, Texas to visit an ITS Logistics warehouse piled with goods that have been stockpiled there, and explores what the tariffs mean for U.S. consumer prices. Chapters: 0:00- 2:38 Introduction 2:39 - 6:09 Chapter 1 Frontloading 6:10 - 8:38 Chapter 2 China tariffs 8:39 - 10:54 Chapter 3 Who pays for tariffs 10:55 - 14:13 Chapter 4 Mexico tariffs Produced and Shot by: Shawn Baldwin Reporter: Lori Ann LaRocco Edited by: Evan Lee Miller Animation: Mallory Brangan, Jason Reginato Senior Director of Video: Jeniece Pettitt Additional Camera: Magdelena Petrova Additional Footage: Getty Images, Walmart » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision 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. Want to up your AI skills and be more productive? Take CNBC’s new online course on “How to use AI to be More Successful at Work" to leverage AI at work, and in life. Sign up now and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+ taxes and fees) through February 11, 2025: https://cnb.cx/40jZlNX 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 #Tariffs #Trump How Companies Are Dodging Trump Tariffs On Canada, Mexico And China

Chapters

Introduction

0:00

Chapter 1 Frontloading

2:39

Chapter 2 China tariffs

6:10

Chapter 3 Who pays for tariffs

8:39

Chapter 4 Mexico tariffs

10:55