US West Coast ports brace for impact from bruising trade war with China

Effects of Trump’s trade war loom over the Port of Virginia

Local experts and officials don’t have a clear picture of how the Trump administration’s tariff policy will affect the Port of Virginia and the many thousands of jobs connected to it, but ports across the country are bracing for a significant slowdown in traffic. However severe those impacts are, they will be felt between May and July, according to Vinod Agarwal, a professor of economics at Old Dominion University and deputy director for ODU’s D…

US West Coast ports brace for impact from bruising trade war with China

Around half of the goods that arrive at these ports from overseas are made in China.

Americans are spending less on McDonald's. Fewer container ships are expected in the port of Los Angeles. Procter & Gamble is raising prices. Mattel is moving production out of China. The evidence of the economic impact of President Trump's trade wars is everywhere, except, for the most part, on the economic data itself. Consumer spending has not fallen. Dismissals have not increased. Companies have not stopped investing in equipment or buying i…

Port of Los Angeles sees sharp drop in imports

The US West Coast gateway port expects 20% of container ship calls in May to be cancelled as President Trump’s import tariffs bite.

West Coast port slowdown: Shipments plunge as China tariffs take their toll

Port officials are sounding the alarm about a steep drop in shipments due to new tariffs on Chinese imports, and the cascading effect on businesses, consumers, and the economy.

Major bank sounds alarm on global trade war impact

National Australia Bank has reported a slight rise in interim earnings and says it's in good shape despite the economic threat posed by US tariffs.