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Donald Trump’s trade war with China is significantly impacting the US economy, with container port operators and air freight managers reporting sharp declines in shipments from China due to high tariffs. The Port of Los Angeles expects a 33% decrease in scheduled arrivals, while bookings for 20-foot shipping containers have dropped by 45% year-over-year. Logistics experts indicate that businesses are delaying imports and utilizing stockpiled inventories, which may lead to increased shipping rates if tariffs are reduced.
