CNN (July 14)
2025/ 07/ 16 by jd in Global News
“The Port of Los Angeles rebounded in June for a record-breaking month as importers raced to get cargo into the port before the ‘reciprocal’ tariff pause ended July 9…. President Donald Trump has since pushed that deadline to August 1.” The port, which “gets more goods from China than any other country,” benefitted from a “whipsaw” effect in June and with the tariff postponement is also expecting a flurry of activity in July. However, the National Retail Federation’s port tracker then expects a “fall by double digits through the end of the year.”
Tags: August, Cargo, China, Importers, June, Los Angeles, National Retail Federation, Port, Rebounded, Reciprocal tariff, Record breaking, Trump, Whipsaw
