A 35% drop in shipments at the Port of Los Angeles may trigger an economic crisis. Rising prices, job losses, and shrinking paychecks could hit Americans hard.
The US-China trade war is projected to cause a 35% drop in cargo at the Port of Los Angeles, threatening local economies, jobs, and global trade stability.
Los Angeles faces a looming economic crisis as global trade slows, vessel arrivals drop, and inflation rises, threatening jobs and consumer stability across the U.S.