Wed, May 21, 2025
[ Wed, May 21st 2025 ]: MassLive
People in Business: May 19, 2025
Tue, May 20, 2025
Mon, May 19, 2025

LA Port shipments fell 30% in early May after Trump tariffs

The article from Fortune, published on May 19, 2025, discusses a significant 30% drop in shipments at the Port of Los Angeles, attributing this decline to the ongoing trade tensions and tariffs imposed by the Trump administration on Chinese goods. The port, which is a critical gateway for U.S. imports, has seen a sharp decrease in container traffic, reflecting broader economic impacts from the trade war. Local businesses and logistics companies are feeling the strain, with many expressing concerns about the sustainability of their operations under the current trade policies. The article also notes that efforts to diversify supply chains away from China are underway, but the transition is proving challenging and costly for many firms.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/19/la-port-shipments-may-30-percent-drop-trump-tariffs-china/ ]