Reported 3 days ago
Port of Los Angeles Executive Director Gene Seroka discussed the growing concerns over proposed tariffs by President-elect Donald Trump, which could lead to inflation and even a trade war. He emphasized the unpredictable market dynamics and ongoing challenges in global trade due to geopolitical tensions and supply chain disruptions. Seroka stressed the need for clarity on the potential policy implementation and noted that businesses are adjusting their inventory strategies in response to these uncertainties.
Source: YAHOO