“I think there is such a push, not just in specialties, but there’s such a push in all produce items, where things are consumed and how they’re being consumed,” he said. “I think the snacking companies, the Mars and the Frito-Lays, those are the people that have to worry about it because these consumers are looking for healthier options and produce is one place to go for those snacking options.”
As an importer — including of garlic and ginger from China — Exp. Group is concerned about the administration’s tariff policies, Serafino said.
“It’s been a very, very complicated April, but we’re hoping that we’re through the volatile markets and we can just get some steady pushes from here,” he said.
Port traffic on both coasts, as well as air cargo arrivals, has dropped.
“We’re looking at air freight volume from China dropping 30 percent. We’re looking at maritime volume from China dropping 25 percent,” Serafino said in late April. “We’re looking at Los Angeles port arrivals that were up 56 percent year-on-year, but that’s a sign that importers have just been front-loading deliveries (before tariffs rose).”