The Port of Los Angeles just dropped a trade mic , hitting a jaw-dropping $30 billion in two-way goods flow last month – smashing records for U.S. hubs. But here's the plot twist: nearly 37% of that cargo came from China
, and economists are side-eyeing incoming policy changes as President-elect Donald Trump threatens new tariffs.
While this West Coast giant is flexing its logistics muscles , experts warn trade wars could turn smooth sailing into choppy waters. 'Any tariff moves would ripple through supply chains faster than TikTok trends,' one analyst told CGTN. With Chinese imports driving nearly 40% of LA's trade hustle, tech gadgets
and warehouse staples could face price hikes that hit Gen Z wallets hardest.
As cargo ships keep docking (and climate activists eye emissions ), all eyes are on whether this trade high tide can survive 2024's political storms. Pro tip: investors and entrepreneurs should watch container traffic stats like they track crypto charts
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Reference(s):
cgtn.com