TOKYO/HONG KONG -- The Port of Los Angeles is not expecting a substantial jump in the cargo volume it handles despite a temporary deal between the U.S. and China last weekend to drastically reduce each other's import tariffs.
Port of Los Angeles maintains current outlook amid lingering uncertainties
Cranes at the Port of Los Angeles have no ships to unload on May 13, after tariffs imposed on Chinese imports by the Trump administration brought bilateral trade to a virtual standstill. © Reuters
TOKYO/HONG KONG -- The Port of Los Angeles is not expecting a substantial jump in the cargo volume it handles despite a temporary deal between the U.S. and China last weekend to drastically reduce each other's import tariffs.