Trump’s trade war has already sparked a massive cancellation of shipments from China to the U.S. 

• In the weeks following President Donald Trump’s 145% tariff on China, shipping of Chinese imports to the U.S. have fallen steeply as companies try to avoid the price increases on products. The whiplash of companies stockpiling inventory ahead of tariffs, then pulling back on imports from China, is exacerbating a supply chain nightmare that will likely also have negative impacts on consumers.

Early shipping data is already beginning to show a clear drop off in imports from...