L.A. could be in for a bumpy ride after Trump tariffs
The Los Angeles-Long Beach port complex is one of America’s leading arteries of trade, handling about a third of the nation’s container imports and exports, placing it at ground zero of President Trump’s trade war with the rest of the world.
With Trump’s across-the-board 10% tariffs worldwide and higher “reciprocal” tariffs imposed on a number of Asian trading partners, economists say it’s likely that one of the key drivers of the Los Angeles-area economy — trade — will be hit hard.
Read more at the Los Angeles TimesAssociated image: Allen J. Schaben / Los Angeles Times