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Port of Los Angeles says shipping volume will plummet 35% next week

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Re: Port of Los Angeles says shipping volume will plummet 35% next week

#51
post #17
post #2

It will be interesting to see if retailers choose raising prices or if they lean more towards ... just not offering some things.

A retailer would be irrational to let stock run out instead of continuously raising prices.

Depends on the product and if your marketing is low prices do you want to be the one to first crank them up and get Trump all upset?

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#52

Earlier quoted context omitted.

Except those businesses relay heavily on imported materials. For example, no one is weaving cotton into fabric in the US at any scale.

Well… it’s the best time to start? I guess that’s what the MAGA Sun is hoping for.

Yea, the bank is just going to love to hand out money with the amount of political and economic uncertainty injected into the system....

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#54

IMO For impact on normal people's day-to-day life, the suspension of the de minimis rule that allowed boxes under $800 declared value (i.e., construction cost) to be imported with no tariff will have more of an impact than any other recent change. https://www.pbs.org/newshour/economy/what-the-end-of-the-de-...

Taxpayers as a group will pay $1 for each $0.50 collected on that. We are not yet on track for a net savings on spending.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#55
post #12

Earlier quoted context omitted.

I hate to be so cynical these days....but if this is true, that would mean a lot of dockworkers/longshoreman are out of jobs or not working right? Truck drivers, and who knows what other jobs are just not doing anything at this point?

Dockworkers, logistics, truck delivery drivers, warehouse workers, etc. On the other hand, I guess it might be a great time for small shops and businesses that produce low to medium tech stuff- from crafts, clothing and furniture to electronics. Even if the country's going to suffer they should profit handsomely (which is not a bad thing per se).

> On the other hand, I guess it might be a great time for small shops and businesses that produce low to medium tech stuff- from crafts, clothing and furniture to electronics.

Absolutely not. All of the small businesses I know are getting crushed by tariffs.

Electronics especially. With 125% tariffs on everyone from China, prices just exploded.

Even domestic PCB manufacturers prices and lead times have shot up due to demand.

It’s extremely bad. I don’t think people realize how devastating this is to company that couldn’t amass huge inventories prior to tariffs arriving and can’t lobby the Trump administration for an exemption.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#56
post #27
post #16

Earlier quoted context omitted.

> I hate to be so cynical these days....but if this is true, that would mean a lot of But since we’re being cynical, is importing stuff just to keep the port workers busy a good idea?

I didn't mean we should keep importing to keep people busy. I'm sure that whatever was coming through those ports was ordered by a large number of companies/individuals. Sure, if we were in a downturn it would slow but not come to a standstill. From this article "Even during the COVID nonsense, the supply chain did not experience THIS kind of sudden shut down."

It's not a downturn, it's a trade war, complete with effective blockade.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#57
post #46

Earlier quoted context omitted.

Well… it’s the best time to start? I guess that’s what the MAGA Sun is hoping for.

Who's going to invest in a business that's only profitable as long as we keep these insane tariff level up and will take several years to spin up? (Plus where are they going to get the machines to do the actual work? Those are being tariffed too!)

I don’t know. Maybe MAGA Sun knows.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#58
post #52

Earlier quoted context omitted.

Well… it’s the best time to start? I guess that’s what the MAGA Sun is hoping for.

Yea, the bank is just going to love to hand out money with the amount of political and economic uncertainty injected into the system....

If the bank can not finance your stuff maybe Trump knows some people who can borrow you money? On preferential conditions, of course… who knows, maybe he gets into loan business himself.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#59

Seattle ports are currently empty, will be interesting to see if this holds true . https://seemorerocks.substack.com/p/port-of-seattle-empty-ze...

This SS post is fear porn. The Seattle Times article they link to at the bottom of their post gives actual numbers, not just vibes based on what poster can see with their binoculars.

"Data from the Marine Exchange of Puget Sound, an industry association, shows the number of arriving container ships berthing at Seattle and Tacoma terminals from April 1 to April 24 was down 12% compared with the same period in 2024."

Make no mistake this is bad, but "Port of Seattle EMPTY - ZERO Inbound Ocean Container Ships" is some straight up bullshit.

Re: Port of Los Angeles says shipping volume will plummet 35% next week

#60

Earlier quoted context omitted.

Except those businesses relay heavily on imported materials. For example, no one is weaving cotton into fabric in the US at any scale.

Well… it’s the best time to start? I guess that’s what the MAGA Sun is hoping for.

It’s actually not. If you’re starting a business right now with the goal of selling to customers all over the world, setting up shop in America is not looking good. You’d pay exorbitant tariffs on inputs and machines.

It’s better to manufacture out of the country and let US consumers eat the tariff cost on import while keeping your operations efficient outside of the US tariff zone.

It’s an extraordinarily poorly planned policy.

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