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Will the trade war capsize shipbuilders?

The Owner Press by The Owner Press
May 3, 2025
in Business News
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ALL QUIET on the western waterfront. And the japanese one, too. Throughout littoral America, stevedores are twiddling their thumbs. They’ve President Donald Trump to thank for this sudden breather. It’s the foreseeable consequence of his unprovoked commerce world warfare. Eastbound shipments from China, his greatest goal and supply of 40% of America’s seaborne imports, are being cancelled. Some importers are switching to suppliers in locations granted reprieve from his “reciprocal” tariffs. Many are simply ready out the storm. On April twenty ninth the boss of the Port of Los Angeles, America’s greatest, predicted that imports on the facility would fall by not less than 10% within the second half of 2025.



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