The Port of Los Angeles is preparing for a significant disruption in trade operations as newly imposed U.S. tariffs on Chinese goods take effect. Executive Director Gene Seroka has warned of a projected 35% decline in cargo volumes from Asia beginning next week, marking one of the steepest drops in recent history.
The sharp decrease stems from major U.S. retailers suspending shipments from China, which traditionally accounts for approximately 45% of the port’s trade activity. This follows a short-term surge in cargo volume as businesses rushed to import goods ahead of the tariff increases.