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 accounting for $466 billion in imports.
