Executive Director of Port Los Angeles: US retailers still have 5-7 weeks of inventory, and then the stock is out of stock

On April 29, local time, Gene Seroka, executive director of the Port of Los Angeles, said in an interview with CNBC that US retailers will have about 5 to 7 weeks to feel the impact of the reduction in shipments, partly because companies stockpiled goods before Trump announced the increase in tariffs. After that, inventory will decrease rapidly and the choice of goods on the shelves will decrease.

Theroca said that this does not mean that the US shelves will be empty, but it may mean that if a consumer wants to go out and buy a blue shirt, he will likely only find 11 purple shirts - and the only blue shirt is not the size he wants and it is more expensive. (International Financial News)

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