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Chinese freight ship traffic to busiest U.S. ports, Los Angeles, Long Beach, sees steep drop
Lori Ann LaRocco - CNBC -
17:47
Freight vessel traffic from China bound for the ports of Los Angeles and Long Beach is down sharply as Trump's tariffs and recession fears hit trade.
Shipping containers from China at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025.
Mike Blake | Reuters
The pullback in trade between the U.S. and China as a result of President Trump's steep tariffs on Chinese goods and fears of a recession are starting to show up in major ports data, with a steep drop in container vessel traffic headed to Los Angeles and Long Beach.
For the week ending May 3, the number of freight ves... [Short citation of 8% of the original article]
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