[FORTUNE] With tariffs up in the air and e-commerce booming, Asia-based logistics companies are rushing to snap up U.S. warehouses

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E-commerce companies and logistics providers based in China were estimated to account for 20% of new U.S. warehouse leases in the U.S. though the third quarter of 2024, logistics real estate company Prologis said.

By leasing warehouses, some companies that feared potential tariffs on imported goods were looking to store more inventory in the U.S., according to the CBRE report. U.S. President Donald Trump in early February put an additional 10% tariff products imported from China, a tax set to 20% on Tuesday.

With tariffs up in the air and e-commerce booming, Asia-based logistics...