US EditionAmericans face empty shelves within weeks
- Stock markets experienced a decline after President Donald Trump introduced significant tariffs on imports, leading to empty store shelves by mid-May, according to Marc Morial, President and CEO of the National Urban League.
- Eugene Seroka, the Executive Director of the Port of Los Angeles, indicated that "all shipments out of China for major retailers and manufacturers have ceased," significantly affecting cargo arrivals.
- The Port of Los Angeles, which processes 17 percent of U.S. imports and exports, is experiencing rising cancellations of cargo ship visits, signifying a deeper economic impact.
- Trump's tariffs may increase prices on essential goods, potentially leading to price gouging and shortages, impacting Black Americans hardest, as noted by Marc Morial.
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12 Articles
12 Articles
Trump's tariffs burden US retail. CEOs warn of rising prices for consumers. Major industries face major challenges.
Trump has explicitly announced that Americans may have to review their spending and consumption habits in light of the trade war at the rate of duty that the Administration is carrying out with China
Coverage Details
Total News Sources12
Leaning Left3Leaning Right1Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 38%
C 50%
13%
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