The Port of Los Angeles, America’s busiest shipping hub, is caught in a storm of trade policy whiplash. With tariffs looming earlier this year, importers rushed to stockpile goods, causing a 20% surge in container traffic. But now? Activity has plummeted like a TikTok trend after June’s 8% drop across major U.S. ports, per analyst John McCown. 📉
Why the whiplash? Businesses raced to beat tariff deadlines, creating a “boom-and-bust” cycle that’s left supply chains dizzy. 🌀 “It’s like playing economic Jenga,” one logistics manager told CGTN. “You never know which block will tip everything over.”
While LA’s cranes keep moving, experts warn this volatility could ripple through holiday inventories and consumer prices. 🎁💸 For global markets, it’s a stark reminder: In the age of trade wars, even mega-ports aren’t immune to policy shockwaves. 🌍⚡
Reference(s):
cgtn.com