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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.