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Shipping Costs Soar Before U.S. Tariffs | Montreal News
Published 1 week, 1 day ago
Description
Shipping costs are exploding as companies race to move goods before new U.S. tariffs hit July 24, fueled by soaring fuel prices, the Strait of Hormuz crisis, and shipping lines deliberately limiting capacity — pushing global rates to a four-year high and making everyday items like sneakers, lawn mowers, and toys suddenly more expensive for consumers.
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