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- As the Peak Trading Season approaches, Import volumes in the port of Los Angeles decreased by 19% in May, as a result of 19% and President Donald Trump tariffs in May. LA Executive Director Port will start with less supply of less supply, starting in local shopping and even influence for winter holiday products.
Did the rising tariffs continued to hit the volume of US imports and consumers should still see the basis of the effects of new information from Los Angeles and Yale Budget Laboratory.
Los Angeles port import through the port of Los Angeles, the country’s last shopping center 19% fell in May President Donald Trump’s trading policy compared to 9% a year ago and 9%.
LOS Angeles’s Loss Loss-alive Gene Seroka means more higher prices for journalists at higher prices for journalists in Friday, less, more expensive, increase to consumers by the end of the year.
“It will receive the products earlier this year, the products purchased by goods and half this year, each type of product preparation and the best interests in the store, and in some cases, in some cases,” he said.
Last month, the reduction of import came, despite supporting the highest tariff rates.
Many goods leaving China for the United States in April, taxed in 145% before May Trade Deal reduced the tariffs 115%. But economists said so to return the savings It is still high to the “Freedom Day” level to delete trade between the United States and China.
The beginning of the spring summit trade season notes the noise of shipping activities in preparation for major shopping events at the end of the year. However, local and Halloween shipment periods come, Seroka said that the port is “very slow” and less goods and higher prices and higher prices, but the winter is aware.
“This cargo must be here for this micro season,” he said. “I definitely don’t see it at the level of inventory.”
He added: “Palakenders do not explain to increase inventory levels, increase inventory levels, increasing a wide range of products that start to run until the end of the year.”
Empty shelves, higher prices
Outside of the consumers who look at the ejaculation shelves, they will feel the effect of tariffs to their wallets. According to June, prices in items such as shoes, by June, the 2025 tariffs jumped 31% in a short time information From the Yale Budget Laboratory. In short, clothing prices for consumers increased by 28%.
The more expensive goods for consumers, an average of $ 2,500 to a household, means an average increase in income from a household value to a household. When most of the consumers see steep prices, low-income buyers will feel the biggest stretch: Income consumers will increase the price level by 2.5%.
Yale Budget Laboratory Ernie Tedeschi, not only a higher price, not only a higher price, and the consumer of uncertainty around tariffs helped the consumer.
“Consumers and enterprises that do not know what the tariff policy will be at the end of this press conference will not hire decisions that for a month, a month, for this day, and how long it is sitting and otherwise.”
As buyers compete for the fares to be ahead, Consumer expenses flowers In March and the lasting goods in the first quarter, 2.3% of the previous year increased to $ 2.2 trillion.
“It is very clear that the main thing that changed in a sustainable way was the expectation of tariffs,” Tedeschi said. In April, when tariffs increase, Slow to spend.
If the level of tariffs, the price increase, probably the rod around as a result of jobs that do not match substitutes in supply chains. The Yale Budget Laboratory is calculated at a 15% increase in clothing prices, and for example, 10% increase in textile prices.
“Even after the economy, consumers and enterprises have a chance to react,” Tedeschi said, “It will not be able to alleviate the whole price increase.”
This story was first displayed Fortune.com
