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Daily Archives: June 16, 2025

Busiest US seaport takes hit from 145% China tariffs, worries remain

World NewsBy idsadminJune 16, 2025

Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could remain muted through the remainder of 2025, after companies responded to President Donald Trump’s 145% tariffs on China by canceling or putting holds on shipments, according to port officials. Read in Reuters: https://apple.news/ABAwoU0YQTMec0pCV_sMNiA


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