News Summary

• A 90-day extension to a tariff reprieve will allow retailers to rush in some last-minute shipments, but most holiday purchases are already done.
• Retailers typically import seasonal goods in advance because many products need six-month lead times.
• China is the biggest exporter of Christmas decorations to the U.S., accounting for 87% of such imports last year, worth roughly $4 billion.
• Some suppliers, shippers, and retailers, however, started rushing extra orders after the moratorium was announced.