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Weekend Newsletter January 5, 2024
## Dig deeper into today's stories:
January 5, 2024 Retail Sales & Strategies for Retail Business Success 📊 Explore how U.S. retailers are facing potential tariff hikes on imports from China, Mexico, and Canada. Rising shipping costs continue to challenge supply chains as the Lunar New Year rush presses on. Boost sales with the hottest merchandise in entertainment and stay ahead of the competition. Plus, don’t miss our exclusive promotions and special offers!
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### Retail News
What Products Retailers Should Source Now to Mitigate the Impact of Trump’s Tariffs
President-elect Donald Trump’s proposed tariffs, ranging from 10% to 25% on imports, would significantly raise costs for U.S. retailers, especially those heavily reliant on Chinese and Mexican goods. Products from electronics and toys to pet supplies could see significant price hikes, forcing businesses to pass those costs onto consumers. Retailers should act now—click to learn which products will be most affected and how to source them before prices rise.
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Retailers will soon face higher prices for foreign-made goods if President-elect Donald Trump carries out expected tariff hikes.
The Global Port Tracker forecasts a 12% increase in US imports compared to January 2024.
### Supply Chain
Shipping Rates Surge Amid Pre-Lunar New Year Rush
Following the New Year, trans-Pacific spot rates have surged to levels not seen since peak season. After successfully raising rates by nearly $1,000 per FEU on Dec. 15, retailers are urged to secure shipping space now to avoid further cost increases and potential delays. With Lunar New Year approaching on Jan. 29, US importers are working to get their shipments on the water before factories in Asia close for the two-week holiday.
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### 4sgm.com News
1.Valentine’s Day Sale: Secure the best selection for your customers this Valentine’s Day with best-selling gifts from jewelry to beauty sets and more! Valentine's Decor starting at $.55! Festive Housewares starting at $.55! Valentine’s Plush starting at $.55! Cosmetics from Celavi, She Makeup, and more! (Up to 17% Off!) Perfumes & Colognes(Up to 15% Off!)
VIEW VALENTINE”S DAY SALE
Stock up on Valentine’s Day now for early-bird savings on best-selling Fragrances, Cosmetics, Beauty Kits and more!
### NEW ARRIVALS
Looking for new products to sell? Explore 250+ New Arrivals from Top Brands such as Crock-Pot, Arm & Hammer, Oster and more! New Baby Products: from Fisher-Price, Disney Jr. New Housewares (including Eco-Friendly Options): from Palmolive, Arm & Hammer, Oster, Coleman, Crock-Pot New Health & Beauty from Celavi, Dove, Gillette, Irish Spring New Licensed Goods from Hello Kitty & Friends, Disney, Disney Classics, Marvel and more!
### Now Playing: Shop TV & Movie Merch
TV Series & Movies Out Now:
Moana 2 Sonic the Hedgehog 3 Mufasa: The Lion King
Bluey Star Wars: Skeleton Crew Spongebob Squarepants Paw Patrol Cocomelon
Releases Coming Soon:
January 29: Your Friendly Neighborhood Spiderman February 14: Captain America: Brave New World March 21: Snow White
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