It seems like this was primarily driven by a surge of imports ahead of the new Trump tariffs, right? If that's true, we might expect it to moderate, especially if companies are now overstocked on inventory and need to import much less in the next quarter. Am I thinking about this correctly?

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This is my take as well.

A pre-tariff surge in imports.

I expect it to bounce back quickly.

A V-shaped recovery of the Atlanta Fed GDPNow estimate... you love to see it. 😂

It's all so comical