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Fortune
Fortune
Irina Ivanova

The U.S.-China detente could ‘save Christmas,’ but expect ‘a rush of ordering the likes we’ve never seen before,’ economist says

(Credit: Getty Images)
  • Freight bookings jumped the day after the U.S. lowered tariffs on China to 30%. Industry pros say it’s the start of a 90-day scramble as importers rush to bring goods and components into the U.S.

The U.S. and China have entered a 90-day detente in their tariff war , which means one thing for the roughly 40% of U.S. businesses that source from China: It’s time to stock up. 

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