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Bigger Tax Refunds from the Big Beautiful Bill Could Boost Spending, Increase Imports, and Tighten Peak Season Shipping Space

Americans are expected to receive average tax refunds of $1,000 or more this year, due to larger tax refunds from the “Big Beautiful Bill.” These refunds could lead to increased consumer spending, which could quickly translate into high trade volumes, low vessel space, and significant port congestion during peak season.

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