Trump tariffs require the programs at US ports | International trade

Donald Trump's increasingly unpredictable trade war has triggered a break -in of shipments into the most important ports in the United States, which is the growing risk of recession in the largest economy in the world.

In the most recent sign of the US President's collective bargaining policy, which rattles through the economy, the figures show that the number of ships, which should arrive in the port of Los Angeles next week, is due to almost a third in the same year.

According to the data compiled by Port Optimizer from the Ocean Carrier Manifesto records, the number of arrivals this week is up to date by about 11% in the same week last year. Separate figures reported by the Financial Times from Vizion, a data provider, show that container bookings from China to the USA until the middle of April compared to a previous year.

Economists have warned that Trump's trade struggles lead to a significant slowdown with global trade and have the costs for US consumers for US consumers and increase prices and increase the opportunities of a recession. Washington has imposed a tariff of 145% on Chinese imports and a 10% border tax cover on all other countries, apart from some exceptions.

At the weekend, the US Finance Minister Scott Bessent proposed that there was a potential “path” for a contract with China about tariffs after talking to his Chinese colleagues on the sidelines of the International Monetary Fund and the World Bank.

The analysis of the US private equity group Apollo Global Management showed that new business orders have dropped greatly since Trump's announcement of the “liberation day” on April 2.

Torsten Sløk, the chief economist of the asset manager, said: “For companies, the new orders are falling, Capex [investment] The plans take off, the stocks rose before the tariffs came into force, and the companies revise the profit expectations.

“For households, the trust of consumers is on record levels, consumers were bought on the purchases of consumers before the tariffs started, and tourism slows down, especially international trips.”

The growing number of US company chairman has expressed the alarm in the effects of Trump's tariff policy. The bosses of Walmart and Target, two of the country's largest retailers, have warned the president that his plans could disrupt the supply chains, increase prices and lead to empty shelves.

Analysts said that the latest shipping figures that are updated daily stated that the consequences escalate. However, part of the decline will also be attributed to a doldrum in activity after US company had hurried before Trump's term of office of his tariff policy before Trump inaugurated the tariff.

The US trade deficit was expanded into a record high in January when the companies had loaded the imports in the areas of the front before the action of tariffs.

Kathleen Brooks, the research director of the XTB trading platform, said: “The port authorities in the USA and logistics companies are already expecting the Chinese programs.

“The demand for goods from China has dropped since mid-April, which indicates that US companies have quickly got used to the tariffs.”

Brooks said that the fall in container bookings would have a “great influence” on Chinese companies. The deputy head of the Chinese state planner, Zhao Chenxin, said that on Monday he was “completely confident” that the second largest economy in the world would reach its economic growth goal of around 5% for 2025.

The ports of La and Long Beach in San Pedro Bay process almost a third of all container seasons in the USA and act as the main gate for goods from China. As the most busy harbor in the western hemisphere, cars, computers and smartphones are the top imports for the port of LA.

Sløk marks that it usually takes between 20 and 40 days for a seabar from China to the USA, and said that there would be an impact on the demand for US trucks from the middle of next month, which could lead to empty shelves and layoffs in sales and retail industry.

This could lead to a recession in summer, he added.

Paul Krugman, the American Nobel Economic Scientist, said the collapse of the trade reminded “of what happened during and after the covid pandemic”, since companies increasingly increasing uncertainty about the presidential uncertainties.

“But this time a virus will not be responsible. It's all about Donald Trump,” he wrote on substance. “This time there will be no vaccine that will come to our rescue. We have held for three years and three months on this chaos agent.”