Former President Donald Trump urged companies to forgo seeking refunds on tariffs imposed during his administration, emphasizing the importance of maintaining leverage in trade negotiations, the Los Angeles Times reports.
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Several Los Angeles companies are feeling the impact of escalating trade tensions, facing supply chain disruptions and increased costs. The trade war is reshaping local business strategies and market dynamics.
Fear of ICE raids is causing widespread disruption in Los Angeles businesses, with many owners reporting labor shortages and decreased productivity as employees avoid work amid immigration enforcement concerns.
Following the Ambiance Apparel raid, businesses and workers in Los Angeles’ Fashion District face uncertainty and fear. Many worry about job security and the future of the bustling garment industry in the area.