LA Port Chief’s ‘Bleak’ Outlook for Cargo Slowdown: Supply Lines

Remember the trade disruptions from the pandemic? All those supply-and-demand imbalances that bedeviled ports in Southern California? Something similar could soon return.

That’s because President Donald Trump’s 145% tariffs on Chinese imports have led to a sharp drop in US-bound cargo. There are currently about 40 cargo ships sailing across the Pacific from China, down by roughly 40% from early April, a Bloomberg analysis found. (Click here to read the full story.)

When companies around the country seek to replenish inventories, their canceled orders mean the goods won’t be there when they’re needed, according to an assessment that Walmart, Home ...