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