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'Essentially All Shipments Out of China ... Have Ceased'
President Donald Trump's trade war policies are expected to bring about a 35% decline in cargo arriving at the Port of Los Angeles by next week ...
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qcp
Joined 2007/07/05Visited 2025/04/29
Status: user
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Shipments of goods from China to the U.S. are dropping sharply with the Trump administration's steep tariffs in place, leading major U.S. retailers to warn about impending supply shortages. [image or embed] -- CBS News (@cbsnews.com) April 29, 2025 at 10:40 AM
Shipments of goods from China to the U.S. are dropping sharply with the Trump administration's steep tariffs in place, leading major U.S. retailers to warn about impending supply shortages. [image or embed]
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More: The Los Angeles Port head added on Thursday that U.S. exporters are also getting "hit hard" by retaliatory tariffs amid Trump's trade war. Seroka said the sectors include agriculture, heavy-duty manufacturing and information technology services.
"U.S. ag exporters are having an especially challenging time, so much so that in March, China bought more soybeans from Brazil in one month than ever in their history," Seroka said.
Meanwhile, major retailers have told Seroka that they have about a six- to eight-week supply of inventory but that "will quickly dry up." The Los Angeles Port is the major point of entry for cargo ships from China and Southeast Asia into the U.S.
#1 | Posted by qcp at 2025-04-29 09:28 AM | Reply
"essentially all shipments out of China for major retailers and manufacturers have ceased"
That's fine. Only a minor, temporary outage. The brand new American factories to replace all those Chinese goods will be coming online by the end of the week.
#2 | Posted by snoofy at 2025-04-29 09:42 AM | Reply | Funny: 1
The car that Trump is driving is now hitting the wall.
#3 | Posted by Zed at 2025-04-29 09:42 AM | Reply
Some men just want to see the world burn.
#4 | Posted by Zed at 2025-04-29 09:47 AM | Reply
"Essentially all shipments out of China ... have ceased"
Good thing I stocked up on MSG!
#5 | Posted by censored at 2025-04-29 10:30 AM | Reply
If I were, say, WAL*MART, I would jack up prices on everything made out of plastic.
Most of our plastic stuff is Made in America these days, ever since the fracking boom, but most Americans are too stupid to know that.
#6 | Posted by snoofy at 2025-04-29 10:38 AM | Reply
Putin's brain dead orange bitch sentences small businesses to death.
apnews.com
#7 | Posted by reinheitsgebot at 2025-04-29 10:46 AM | Reply
#7: Nothing survives in the wake of America's Godzilla.
#8 | Posted by C0RI0LANUS at 2025-04-29 10:55 AM | Reply
Related ...
Pre-tariffs stockpiling boosts US goods trade deficit to record high www.reuters.com
... Summary Goods trade deficit widens to record $162.0 billion Imports soar to all-time high of $342.746 billion Consumer goods account for big chunk of surge in imports Wholesale inventories increase 0.5%; retail stocks fall...
Goods trade deficit widens to record $162.0 billion
Imports soar to all-time high of $342.746 billion
Consumer goods account for big chunk of surge in imports
Wholesale inventories increase 0.5%; retail stocks fall...
#9 | Posted by LampLighter at 2025-04-29 10:55 AM | Reply
Bessent is out there toting the dotard water saying that retailers have stocked up for this.
Not nearly enough. .5% is a pittance. China is prepared for the long haul to slap the ass clown into submission.
Your going to see real world effects of electing the stupidest president of all time real fast.
Maybe the ass clown can invent another word for groceries when the prices shoot up.
#10 | Posted by Nixon at 2025-04-29 12:31 PM | Reply
I stocked up, changed customs codes for a lot of items.
Then the tariffs were reversed.
#11 | Posted by sitzkrieg at 2025-04-29 03:49 PM | Reply
...major retailers have...about a six- to eight-week supply of inventory but that "will quickly dry up." #1 | Posted by qcp
I imagine in about six to eight weeks.
#12 | Posted by TFDNihilist at 2025-04-29 04:35 PM | Reply
Honestly, what pisses me off is all businesses including Mom & Pop stores have already increased their prices to take into account the new tariffs even on merchandise long before and tariffs took effect. Why should we pay post-tariff on pre-tariff goods? And don't get me started on what auto dealers are doing. Right now you would be a sucker to buy a new car.
#13 | Posted by moder8 at 2025-04-29 04:38 PM | Reply
@#13 >i> ... including Mom & Pop stores ...
Mom & Pop stores don't have the huge warehouses that the larger chain stores have to provide a longer-term cushion against trade shocks.
Remember the big "Just in Time" push for lowering inventories a few years back?
The Mom & Pop stores may still be working under that premise.
#14 | Posted by LampLighter at 2025-04-29 04:46 PM | Reply
Listen up you silly liberal faggots:
Capitalism is designed to crush Mom & Pop stores.
To put it another way:
"ONLY THE WEAK WILL FAIL!"
#15 | Posted by snoofy at 2025-04-29 04:51 PM | Reply
This will hurt California's economy.
Which. In turn will hurt America.
Which seems to be Trump's main goal.
#16 | Posted by ClownShack at 2025-04-29 05:02 PM | Reply
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