At the nation's busiest container port complex in Southern California, retailers have been front-loading goods ahead of a new round of tariffs.
Trade between the U.S. and China is already down significantly. During the first six months of this year, exports from the U.S. to China fell 18% from the year ago period to $55 billion. Imports of Chinese goods to the U.S. fell 12% to $235 billion.
All the ship traffic hoping to beat the tariffs is leading to record volumes at the Port of Los Angeles. As a result, containers are starting to stack up, potentially creating the same congestion headaches the port went through a year ago during the first round of tariffs. Commercial real estate services firmreports vacancy rates at local warehouses storing holiday goods are down to 1.7%, less than half the national rate. Soon there may be no space left, leaving containers stuck at the port.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Kim Petras Set to Perform at Equality California's 20th Anniversary Los Angeles Equality AwardsPop star Kim Petras has always been a vocal supporter of the LGBTQ community throughout her career. Now, she's giving back in the best way she knows how.
Leer más »
Pandora Looks to Los Angeles to Kick-start Turnaround“There is a lot here that underpins our brand values of self-expression, diversity, inclusivity and playfulness,” said creative director Stephen Fairchild.
Leer más »
How Kacey Musgraves Revived a Quiet Los Angeles Photo ShopMusgraves sent out a series of posts about Tom’s 1 Hour Photo on Wednesday night; the phone hasn’t stopped ringing since
Leer más »
Los Angeles police hunt for man believed to have shot security guard near Metro stationThe suspect was last seen traveling south on Western Avenue from Hollywood Boulevard.
Leer más »
'Lana F-cking Del Rey's' Surf Shop Is Popping Up in Los Angeles.LanaDelRey is celebrating the release of her new album with a pop up shop
Leer más »
Leonardo DiCaprio Giving Up New York Bachelor Pad To Live With Camila Morrone In Los Angeles?Leonardo DiCaprio is not giving up his New York City 'bachelor pad' to permanently live in Los Angeles with girlfriend Camila Morrone, despite a false report.
Leer más »