Close Menu
East LA News
  • Home
  • East Los Angeles
    • Health
    • Politics
      • US Senate News
    • Crime
      • LAPD News
      • LASO News
  • East LA Media
    • Chicano Power TV
    • East LA TV
    • Pachuco TV
    • Zoot Suit TV
    • Flokrico TV
    • Blaze It TV
    • East LA Radio.FM
    • Mariachis TV
    • Imapala For Sale
    • Chicano TV | Chicana TV
    • Chicano PhD
    • Chicano Comedy
  • Local News
  • Southern California
  • Other News
    • On The Tira News
    • LA Times
    • LA Weekly
  • Rehab
    • Discharge TV
    • Probation TV
    • Lifer TV
    • Parolee TV
  • Chicano Power TV
  • Contact Us
    • Advertise Here
    • Submit News
What's Hot

John Abravanel Berdugo

August 21, 2025

Gabriel Ricardez (GMONEY)

August 20, 2025

Genissa Reyes (Queen G)

August 20, 2025
Advertisment
Facebook X (Twitter) Instagram
Ad
Facebook X (Twitter) Instagram
East LA NewsEast LA News
Friday, February 20
  • Home
  • East Los Angeles
    • Health
    • Politics
      • US Senate News
    • Crime
      • LAPD News
      • LASO News
  • East LA Media
    • Chicano Power TV
    • East LA TV
    • Pachuco TV
    • Zoot Suit TV
    • Flokrico TV
    • Blaze It TV
    • East LA Radio.FM
    • Mariachis TV
    • Imapala For Sale
    • Chicano TV | Chicana TV
    • Chicano PhD
    • Chicano Comedy
  • Local News
  • Southern California
  • Other News
    • On The Tira News
    • LA Times
    • LA Weekly
  • Rehab
    • Discharge TV
    • Probation TV
    • Lifer TV
    • Parolee TV
  • Chicano Power TV
  • Contact Us
    • Advertise Here
    • Submit News
East LA News
Home»Local News

Chinese tariff suspension welcomes officials in LA and Long Beach – NBC Los Angeles

By May 12, 2025 Local News No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

[ad_1]

Port leaders on Monday in Los Angeles and Long Beach welcomed the 90-day suspension and cuts in tariffs between the US and China.

The two countries agreed to temporarily lower tariffs on Monday as negotiations continue.

The US will reduce the tariff rate on Chinese products from 145% to 30%, but China plans to effectively reduce taxes on US imports from 125% to 10% on Wednesday.

“The 90-day suspension and tariff reduction between the US and China is welcome news for consumers, American businesses, workers and supply chains,” Jeanseroca, executive director of the Port of Los Angeles, said in a statement posted about the X.

Seroka urged both countries to work towards a long-term agreement and urged the US to engage with other countries to reduce existing tariffs.

Port and city officials held a press conference in Long Beach on Monday to highlight the results of a new economic impact analysis covering the past five years. While officials welcome the port’s success, it
President Donald Trump’s tariffs were enacted in April.

Mario Cordello, executive director of Long Beach Port, said that what we and Chinese officials are currently discussing is good news.

Both agreed to cancel 91% on tariffs on each other’s goods and halt an additional 24% on 90 days of tariffs.

“But the fact of the matter remains uncertainty and I think what the industry is looking for is to have certainty and clarity as to what its tariff policy will look like over the medium and long term,” Cordero said.

He noted that tariffs are affecting a variety of products, including refrigerators, computers, smartphones, microwaves and televisions.

“The massive reduction in cargo volumes could lead to fewer options for consumers,” Cordero added.

Gary Herrera, president of International Longshore Warehouse Union (ILWU) Local 13, on behalf of approximately 9,000 full-work and 6,000 part-time dock workers, discussed the impact of tariffs on employment.

“We see cargo volumes dropping, hundreds of jobs each day, and the point where there are fewer job opportunities available to men and women in ILWU,” Herrera said. “We’re on the forefront. Once
Cargo volume drops, we saw it first. ”

Part-time members are forced to find and work in a variety of industries, Herrera said.

“We want some real numbers, some real agreements that will be signed and dated and some real agreements that will drive us forward — not a pause,” Herrera said.

Trump says it is necessary to balance trade, boost US manufacturing, curb illegal immigration and human trafficking, reduce federal budgets and impose what he calls fair.

[ad_2]
Source link

Keep Reading

Research reveals how fat cells fuel breast cancer tumors – NBC Los Angeles

Laptop Thief picked up the item using a fake ID, QR code – NBC Los Angeles

LA Order Long Valley Valley Plaza Mall Building Demolition – NBC Los Angeles

US citizens explain the detention by federal agents at Montebello Towing Yard – NBC Los Angeles

Palisades Fire Post-Reports to be held – NBC Los Angeles

Trump says the Smithsonian is too focused on “How bad slavery is” – NBC Los Angeles

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Urban nature of eastern LA

October 30, 2024

Urban nature of eastern LA

October 29, 2024

PHOTOS: Best moments from the East LA Classic

October 29, 2024

Dodgers fans take them to the city of East Los Angeles

October 28, 2024
Latest Posts

John Abravanel Berdugo

August 21, 2025

Gabriel Ricardez (GMONEY)

August 20, 2025

Genissa Reyes (Queen G)

August 20, 2025
Recent Posts
  • John Abravanel Berdugo
  • Gabriel Ricardez (GMONEY)
  • Genissa Reyes (Queen G)
  • Julio Cesar Chavez Jr. was deported to Mexico on cartel bonds and suspected drug trafficking
  • Texas Republicans move forward with plans to make plans after Democrats return home

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Ads
Full-Width Advertisement
Advertisement
Ad
Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

East LA News

  • About Us
  • Local History
  • Elected Officials
  • Sheriff Station
  • Education & Schools
  • Health & Wellness
  • Community Services
  • Community Events in East LA
  • Cultural heritage
  • Transportation & Freeways
  • Whittier Boulevard
  • Lowrider Culture
  • Local Businesses in East LA
  • Cities Around East LA
  • Homelessness in East LA
  • Gang violance
  • Cannabis in East LA
  • Privacy Policy

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

    © 2024 eastla.news All rights reserved | Designed & Hosted By TheDomain.Store | TV- Radio- News Platform

    Type above and press Enter to search. Press Esc to cancel.