Port of Los Angeles says shipping volume will plummet 35% next week

Re:Port of Los Angeles says shipping volume will plummet 35%... by aaronbaugher on Wednesday April 30, 2025 @10:59AM (#43846226)

Or he doesn't lower them randomly, but in response to other countries lowering their own tariffs and other protectionist measures against the US, resulting in the more "balanced" trade which, whether we agree with it or not, has been the goal all along.

But yes, whatever the reason, the situation could change too quickly for safe predictions. In 2020, the US economy had recovered from the massive disruptions of the Covid lockdowns by Q4. There were shortages of toilet paper and eggs for a while, then there were surpluses and sales for a while, and then it smoothed out.

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Re:Port of Los Angeles says shipping volume will plummet 35%... by umanwizard on Wednesday April 30, 2025 @11:05AM (#43846323)

> but in response to other countries lowering their own tariffs and other protectionist measures against the US, resulting in the more "balanced" trade which, whether we agree with it or not, has been the goal all along.

That is just one of the many, often conflicting, goals cited by the administration, and doesn’t make sense on its face: the reason we have a trade deficit with most countries has nothing to do with them tariffing our goods or taking other protectionist measures.

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Re:Port of Los Angeles says shipping volume will plummet 35%... by kergonath on Wednesday April 30, 2025 @11:52AM (#43846950)

> in response to other countries lowering their own tariffs and other protectionist measures against the US, resulting in the more "balanced" trade which, whether we agree with it or not, has been the goal all along.

If that is the goal, then it’s a terrible way of doing it. And also inflationary.

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