Americans 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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Don’t Look at Stock Markets. Look at the Ports.
A drop in maritime traffic suggests that the worst is yet to come.
·Washington, United States
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Total News Sources13
Leaning Left4Leaning Right1Center3Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 38%
13%
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