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Tag: global supply chain disruption
Trump’s Trade Tariffs Impact Southern California Port Economy: Legal, Economic, and Policy Perspectives
Trump's Trade tariffs on various imports have had a profound impact on industries across the United States, with Southern California's port economy being one of the most notably affected sectors. The Port of Los Angeles and the Port of Long Beach, which together handle a significant portion of the U.S.'s international trade, found themselves at the center of a storm as tariffs on Chinese goods were introduced in 2018 as part of the broader U.S.-China trade war. While the intent behind these tariffs was to reduce the trade imbalance and encourage domestic manufacturing, the economic consequences for local port economies have been multifaceted, leading to job losses, disruptions in the global supply chain, and shifting trade dynamics.