Predictions of widespread shortages from President Donald Trump’s trade wars have fallen flat as supply chains and retailers weather the uncertainty of tariff hikes.
The first quarter of 2025 came back with negative GDP growth, but economic signs are pointing toward a positive return in the Commerce Department’s next quarterly report. A positive report should tamp down severely pessimistic predictions about the state of the economy and the impact of tariffs.
“I’ve told people this is gonna be a skinned knee. This is not a broken leg,” Jim Nelles, a veteran supply chain consultant, told The Daily Wire.
“If you look at the data, we’re ahead of where we were this time in 2023 and just slightly down from where we were this time in 2024,” said Nelles regarding ships traveling between the United States and Asia.
Since the United States and China slashed tariffs, shipping in the…
