With President Trump’s tariff deadline just two weeks away, the Port of Los Angeles has seen a surge in shipping activities as businesses compete against watches.
The Port of LA actually has experienced record traffic in June, the busiest on the port’s record.
Leaders at the Port of LA say many businesses and businesses are importing year-end holiday goods before potential tariffs later this year.
For some US companies, they are acting fast because gambling could be too big to wait for tariff charges to be negotiated between the US and other countries in the coming weeks.
Compared to June this year and June 2024, the Port of LA says that dock workers have processed 10% more cargo units and loaded over 3% of exports.
Cargo moved through the port with a 7% increase, but two months ago, the president’s tariffs first fell into high gear, and the rates were changing daily, causing much less traffic at the port.
“We’ve seen a lot of effort and we’ve seen you in the world,” said Jean Seroca, executive director of the Port of Los Angeles. “It’s everything from consumers tightening their belts and monitoring family budgets to businesses that are no longer employed, and sometimes layoffs. And now you’re starting to see some of the things that get you out of the business as a whole.”
The Port’s executive director says every day is a battle that seeks to plan the unknown.
The executive director of LA Port believes that this month we are trying to see similar trends in many of the behaviors coming and going inside the port.
It is expected that tariffs in many countries such as Mexico and the European Union will begin on August 1.
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