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business / markets7 months ago

U.S. representatives sound alarm over slowing port activity

https://www.latimes.com/business/story/2025-05-10/ports-of-la-and-long-beach-tariff-pressershttps://news.sky.com/story/trumps-tariffs-hit-the-wests-busiest-port-with-traffic-down-by-nearly-a-third-13364319https://www.cnbc.com/2025/05/11/insiders-at-these-companies-are-buying-during-the-market-stress.html
Latimes.com and 3 more
U.S. representatives sound alarm over slowing port activity Open in Latimes.com
Highlights
  • US port traffic fell up to 35% in May 2025 due to tariffs and delays, hurting supply chains.
  • Tariffs like a 145% duty on Chinese goods have lowered cargo and raised prices, risking more job losses.
  • Trade delays are causing shortages, inflation, and market stress, hitting small businesses and consumers.
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References

Trump's tariffs hit the West's busiest port - with traffic down by nearly a third

https://news.sky.com/story/trumps-tariffs-hit-the-wests-busiest-port-with-traffic-down-by-nearly-a-third-13364319News.sky.com
Trump's tariffs hit the West's busiest port - with traffic down by nearly a third

Follow the money: Insiders at these companies are buying during the market stress

https://www.cnbc.com/2025/05/11/insiders-at-these-companies-are-buying-during-the-market-stress.htmlCnbc.com
Follow the money: Insiders at these companies are buying during the market stress

Walters: California consumers will pay if their lawmakers penalize oil companies

https://www.mercurynews.com/2025/05/11/walters-california-consumers-will-pay-if-their-lawmakers-penalize-oil-companies/Mercurynews.com
Walters: California consumers will pay if their lawmakers penalize oil companies

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