Zero ships from China are bound for California's ports, not seen since pandemic

a year ago

No cargo vessels left China for major West Coast ports in the past 12 hours, a first since the pandemic.
41 vessels were scheduled to depart China for the San Pedro Bay Complex six days ago; now it's zero.
President Trump's trade war tariffs have made it too expensive for many businesses to trade with China.
Port officials are alarmed by the rapid decline in vessel departures from China.
The Port of Long Beach reports a 35-40% drop in cargo volume; Los Angeles saw a 31% drop this week.
The Port of Seattle had zero container ships, another anomaly since the pandemic.
US and Chinese trade representatives are meeting in Geneva to deescalate the trade war.
Current tariffs are 145% on Chinese imports to the US and 125% on US exports to China.
President Trump suggested lowering tariffs to 80%, with final terms to be decided by Treasury Secretary Scott Bessent.
Consumers may face higher prices or shortages if the trade situation doesn't improve soon.
63% of cargo at the Port of Long Beach is from China, down from 72% in 2016 due to trade tensions.
Maersk reports a 30-40% drop in cargo volume between the US and China compared to normal levels.
Maersk CEO warns of entrenched adverse effects if trade tensions with China don't deescalate.

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