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0.000965916931144024 0.000965916931144024 0.00441562025665803 0.00524354905478142 0.00869325238029543 0.00510556092176079 0.00510556092176079 0.00510556092176079
Stock impact report

Trump trade war could hit imports at busiest US port in May, port executive says [Yahoo! Finance Canada]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Trump this week hiked tariffs on China-made goods to 145%. The adjacent ports of Los Angeles and Long Beach are the most exposed to the boiling trade war between the two largest global economies. Those Southern California ports are the preferred entry gates for goods from China, which is the No. 1 source of imports at each. "Global trade will slow as companies try to figure out what this means," said Seroka, who also reiterated his forecast for imports at the Port of Los Angeles to fall at least 10% in the second half of this year. "It may be more than that, we just don't know," Seroka said. U.S. imports have surged to near-record levels this year as U.S. companies stockpiled goods ahead of expected Trump tariffs. Now, those same importers are putting orders from China on hold. They hope cooler heads will prevail and that tariffs will be reduced. U.S. import bookings on massive container ships dropped 64% from March 24-31 to April 1-8, the week when Trump announced "recip Show less Read more
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