Overview

• The Port of Los Angeles is bracing for a 35% decline in import volume this week, with 25% of scheduled ship arrivals canceled for the month.
• Retailers report having five to seven weeks of inventory before spot shortages could emerge, especially for goods heavily sourced from China.
• CEOs of major companies like Walmart and Target are pausing imports, citing prohibitive costs from the 145% tariff on Chinese goods and 10% universal tariff.
• Dockworkers and truck drivers are seeing reduced hours as container shipments decrease, raising concerns about job security and economic impact.
• Even if tariffs are rolled back, shipping delays could postpone the arrival of key seasonal products, including back-to-school and summer merchandise, by at least a month.