(FILES) Shipping containers are stored at the Port Newark Container Terminal in Newark, New Jersey, on July 21, 2022. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)

(FILES) A container ship at a facility in Bayonne as East Coast Ports may shut down due to a potential dockworker strike in New Jersey on September 30, 2024. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Bryan R. SMITH / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images)

(FILES) An aerial image taken on October 15, 2021 shows cargo shipping containers at the Port of Los Angeles in San Pedro, California. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

(FILES) Trucks line up before heading to the United States at the Otay commercial port of entry on the US-Mexico border in Tijuana, Baja California State, Mexico, on March 20, 2020. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Guillermo Arias / AFP) (Photo by GUILLERMO ARIAS/AFP via Getty Images)

(FILES) An aerial image taken on October 15, 2021 shows cargo shipping containers at the Port of Los Angeles in San Pedro, California. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

(FILES) Aerial view of cargo trucks lining up to cross to the United States near the US-Mexico border (top) at Otay Mesa crossing port in Tijuana, Baja California state, Mexico, on April 2, 2019. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Guillermo Arias / AFP) (Photo by GUILLERMO ARIAS/AFP via Getty Images)

(FILES) Cargo trucks ride near the US-Mexico border fence heading to the United States at Otay commercial crossing port in Tijuana, Baja California state, on June 6, 2019, Mexico. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Guillermo Arias / AFP) (Photo by GUILLERMO ARIAS/AFP via Getty Images)

(FILES) A cargo shipping container is loaded onto a truck at the Port of Los Angeles in Los Angeles, California on June 7, 2023. US President-elect Donald Trump said November 25, 2024 he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In a series of posts to his Truth Social account, Trump vowed to hit some of the United States' largest trading partners with duties on all goods entering the country. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)