Job opportunities at the Port of Los Angeles are dwindling as President Trump's steep tariffs take a hit on global trade and a major economic engine for the regional economy. Nearly half of the longshoremen who support operations at the port went without work over the last two weeks, Gene Seroka, executive director of the Port of Los Angeles, said in an interview.
US consumers probably saw slightly faster inflation in May, notably for merchandise, as companies gradually pass along higher import duties.
-- Bloomberg News (@bloomberg.com) Jun 7, 2025 at 5:01 PM
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