Lorianne LaRocco
👤 PersonAppearances Over Time
Podcast Appearances
This is Today Explained. My name is Lorianne LaRocco, and I am the global supply chain reporter for CNBC, and I'm also the author of Trade War, Containers Don't Lie. All right, so what are the containers telling us right now?
This is Today Explained. My name is Lorianne LaRocco, and I am the global supply chain reporter for CNBC, and I'm also the author of Trade War, Containers Don't Lie. All right, so what are the containers telling us right now?
This is Today Explained. My name is Lorianne LaRocco, and I am the global supply chain reporter for CNBC, and I'm also the author of Trade War, Containers Don't Lie. All right, so what are the containers telling us right now?
The containers are telling us right now that in the coming weeks, we are going to see shelves starting to get a lot thinner, maybe not bare, but we will definitely see less items on the shelf. When you're looking at the U.S.
The containers are telling us right now that in the coming weeks, we are going to see shelves starting to get a lot thinner, maybe not bare, but we will definitely see less items on the shelf. When you're looking at the U.S.
The containers are telling us right now that in the coming weeks, we are going to see shelves starting to get a lot thinner, maybe not bare, but we will definitely see less items on the shelf. When you're looking at the U.S.
supply chain and you're looking at what we bring in, it doesn't matter if it's made in America or even assembled in America, which you're going to hear a lot of that in the coming months. Assembled in America doesn't mean that all the components are made in America. And you will have assembled in America products no longer being able to be made because the components come from China.
supply chain and you're looking at what we bring in, it doesn't matter if it's made in America or even assembled in America, which you're going to hear a lot of that in the coming months. Assembled in America doesn't mean that all the components are made in America. And you will have assembled in America products no longer being able to be made because the components come from China.
supply chain and you're looking at what we bring in, it doesn't matter if it's made in America or even assembled in America, which you're going to hear a lot of that in the coming months. Assembled in America doesn't mean that all the components are made in America. And you will have assembled in America products no longer being able to be made because the components come from China.
If you look around your apartment or your house or condo, 90% of everything that is in your home comes on a vessel. And a lot of those products come from China. So furniture. Your laptops, your cell phones, because remember, it's that supply chain standpoint. It may not be 100% from China, but the components that make it critical to get them done, they're from China.
If you look around your apartment or your house or condo, 90% of everything that is in your home comes on a vessel. And a lot of those products come from China. So furniture. Your laptops, your cell phones, because remember, it's that supply chain standpoint. It may not be 100% from China, but the components that make it critical to get them done, they're from China.
If you look around your apartment or your house or condo, 90% of everything that is in your home comes on a vessel. And a lot of those products come from China. So furniture. Your laptops, your cell phones, because remember, it's that supply chain standpoint. It may not be 100% from China, but the components that make it critical to get them done, they're from China.
The next time you want to go buy a flat screen television, I would say probably in the middle of June and then after, they will be more expensive. And the reason why I'm being targeted, if you will, from like the June standpoint, is the fact that the 145% plus tariff from China has not been deployed until May 27th.
The next time you want to go buy a flat screen television, I would say probably in the middle of June and then after, they will be more expensive. And the reason why I'm being targeted, if you will, from like the June standpoint, is the fact that the 145% plus tariff from China has not been deployed until May 27th.
The next time you want to go buy a flat screen television, I would say probably in the middle of June and then after, they will be more expensive. And the reason why I'm being targeted, if you will, from like the June standpoint, is the fact that the 145% plus tariff from China has not been deployed until May 27th.
May 27th is the day that all items that are coming from China will have that new level of tariff applied to them. The tariffs that have been deployed can easily be digested by the retailer or brand because it's 20%. Yes, it's a lot more, but it's not the 145 that is going to be, you cannot absorb that. And that's when you're going to see the high price.
May 27th is the day that all items that are coming from China will have that new level of tariff applied to them. The tariffs that have been deployed can easily be digested by the retailer or brand because it's 20%. Yes, it's a lot more, but it's not the 145 that is going to be, you cannot absorb that. And that's when you're going to see the high price.
May 27th is the day that all items that are coming from China will have that new level of tariff applied to them. The tariffs that have been deployed can easily be digested by the retailer or brand because it's 20%. Yes, it's a lot more, but it's not the 145 that is going to be, you cannot absorb that. And that's when you're going to see the high price.
You know, I would say panic buying is like the worst thing that we can do because that's what happened with the toilet paper.
You know, I would say panic buying is like the worst thing that we can do because that's what happened with the toilet paper.