The Port of Long Beach, a bustling gateway for U.S.-Asia trade, is sounding the alarm over a potential 20% plunge in cargo volume by late 2025 if tariff tensions escalate. CEO Mario Cordero revealed a striking slowdown at its high-tech terminals – only one ship docked recently, compared to the usual three. The previous day? Zero. 🚨
Cordero’s warning highlights growing anxiety about supply chain disruptions and product shortages as trade negotiations remain rocky. With Trump-era tariffs still casting a shadow, businesses and logistics experts are scrambling to adapt. 💼📉 Could this foreshadow empty shelves or price hikes for consumers? Analysts say it’s a "wait-and-see" moment for global markets.
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Long Beach Port signals 20% cargo drop as Trump's tariffs bite
cgtn.com
