Story perspectives
US Delays Tariffs; Pallet Prices Face Uncertainty Ahead
2/15/2025
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Story summary
- The US has postponed tariffs on Canada and Mexico for one month, while those on China remain unchanged.
- Excess inventory from earlier imports may reduce new pallet demand but increase storage requirements, supporting demand through 2025.
- Pallet prices are likely to stay stable but may rise slightly due to economic uncertainty and higher labor costs.
- Labor shortages could drive up pallet wages by late 2025, affecting manufacturers' pricing and profitability.
