Browsing: Tariff Impact

The U.S. trade deficit fell 24% in August, driven by a sharp decline in imports amid Trump’s tariffs, according to the latest government data. Exports remained steady, signaling mixed impacts on trade dynamics.

Traffic at the Port of Los Angeles is projected to plunge as new tariffs disrupt trade flows, prompting reduced shipments and delays. The shift signals potential challenges for the nation’s busiest port and global supply chains.