CNN: Tariffed Ships Arriving From China Half-Full

Many of the incoming ships from China carrying the first loads of goods tariffed at 145% will hit U.S. ports half-empty, CNN reported Tuesday.

In addition to depressed cargo volume, 20% of the 80 ships that had been expected to arrive at the Port of Los Angeles have been canceled, according to the report.

“This week, we’re down about 35% compared to the same time last year, and these cargo ships coming in are the first ones to be attached to the tariffs that were levied against China and other locations last month,” Gene Seroka, executive director of the Port of Los Angeles, told CNN. “That’s why the cargo volume is so light.”

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