I'm moving internationally (from China to EU) and the quote is 2.5-3x higher than 3 months ago. Sea freight seems to be inspected at a much higher rate, and they don't recommend it, and air freight is more expensive because of much lower volume overall. Not a good time to ship your stuff. And that's when you think "I'm far away from the US and the madness does not concern me"...
Port of Los Angeles says shipping volume will plummet 35% next week
221–230 of 672 posts
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#222This could get really ugly when the shelves start going empty. This may make the toilet paper incident seem quaint in comparison.
Trump will back down and lift the teriffs the second there are widespread consequences. He’ll give some excuse, and his supporters will eat it up. That or he’ll make so many deals with CEOs for political support and financial contributions that we won’t even notice that a few smaller companies went out of business or pulled out of the US.
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#223This could get really ugly when the shelves start going empty. This may make the toilet paper incident seem quaint in comparison.
Empty shelves are just one of the symptoms. The real pain will come from companies having to deal with increased taxes (that's what tariffs are) for Chinese components, decreased exports (counter tariffs, anti US sentiments), etc. and then their follow up to that would be using tools like layoffs, price increases, etc. Some of those companies might have to close doors and go bankrupt. If that happens a lot you get th…
In a sane world, that's what targeted tariffs are. You don't want to tariffs across the whole board because you might affect exporting manufactures whose prices will go through the roof and might experience disruption. It is kind of what is happening with auto tariffs now that there is a huge blow back but one wonder how many industries out there can't voice their concerns or are not aware of this.
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#224This could get really ugly when the shelves start going empty. This may make the toilet paper incident seem quaint in comparison.
Is there a sense of what products are actually at risk of not being in stock?
Things that wouldn't otherwise be a problem will become a problem. Potentially that includes bottles, tins, plastic food packaging, niche carboard boxes.
Imports from China are ~40% of all US imports. Even a 10% drop would be difficult, and at current levels it's going to be more than that.
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#225Earlier quoted context omitted.
This is pretty useful, actually, downvoters. My friends and I were discussing this video yesterday and I was pretty irritated that it took 10 whole minutes to debunk the social media hyperbole. That could have easily been a blog post that I could have skimmed in 1 minute. It's a textbook case of why I tend to dislike video as a format.
An HN user that shares their own summary is providing a unique perspective that only they could offer. That's a great contribution to the site that reinforces community and gets encouraged. An HN user that shares an LLM summary is cluttering the site with the output of a program that anybody could have run. That's just noise that detracts from our community. HN isn't structured to handle programmatic participation th…
And I don't think everyone has an LLM just sitting around that can summarize a video from a link.
Having wasted 10 minutes of my life watching the video, it's also an accurate summary - "no, shipping has not stopped completely". I would not be happy if they'd just pasted it in without checking that.
Videos that take forever to get to the point are something I find incredibly annoying. Maybe you all have a lot more time on your hands to listen to people spend 5 minutes explaining simple charts.
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#226This could get really ugly when the shelves start going empty. This may make the toilet paper incident seem quaint in comparison.
The "empty shelves" discourse is alarmist and honestly kind of annoying. Almost all of the food on the shelves is locally produced or, in the very least, not produced in China. Some foods may disappear or become more expensive but there'll really be no disruption in food supply. This will however affect markets dominated by Chinese goods, particularly clothing. Even here the effects will be somewhat mitigated by exis…
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#227Earlier quoted context omitted.
If people can’t buy Chinese tomatoes, what kind of tomatoes do you think they’re going to buy m? the same ones that you do! That means the prices of your tomatoes are going to go up! No one is going to be immune from these pricing increases from the tariffs.
You're largely making the point I was raising. For your specific example though, I'm not so sure. As a counterexample, I buy my eggs direct from a local farm, not in a store. Neither the ease of availability nor the price of the eggs I buy have changed one iota over the last several months. And yet I see local friends posting pictures of empty egg shelves here and there on Facebook. My takeaway has been that the aver…
I’m sorry, but most people live in cities or towns with their only reasonable access to food being via stores. It is one of the wonderful things that civilization has produced and I’m here for it.
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#228Earlier quoted context omitted.
If people can’t buy Chinese tomatoes, what kind of tomatoes do you think they’re going to buy m? the same ones that you do! That means the prices of your tomatoes are going to go up! No one is going to be immune from these pricing increases from the tariffs.
You're largely making the point I was raising. For your specific example though, I'm not so sure. As a counterexample, I buy my eggs direct from a local farm, not in a store. Neither the ease of availability nor the price of the eggs I buy have changed one iota over the last several months. And yet I see local friends posting pictures of empty egg shelves here and there on Facebook. My takeaway has been that the aver…
When it comes to eggs and vegetables there are opportunities for city farms. So there might be some of that.
But meat animals are much harder to "grow".
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#229This could get really ugly when the shelves start going empty. This may make the toilet paper incident seem quaint in comparison.
The "empty shelves" discourse is alarmist and honestly kind of annoying. Almost all of the food on the shelves is locally produced or, in the very least, not produced in China. Some foods may disappear or become more expensive but there'll really be no disruption in food supply. This will however affect markets dominated by Chinese goods, particularly clothing. Even here the effects will be somewhat mitigated by exis…
Re: Port of Los Angeles says shipping volume will plummet 35% next week
#230I'm moving internationally (from China to EU) and the quote is 2.5-3x higher than 3 months ago. Sea freight seems to be inspected at a much higher rate, and they don't recommend it, and air freight is more expensive because of much lower volume overall. Not a good time to ship your stuff. And that's when you think "I'm far away from the US and the madness does not concern me"...