The Port of Long Beach, one of America's largest container hubs, is bracing for a sharp drop in cargo activity amid rising trade tensions, its CEO Mario Cordero has warned. With only one vessel recently docked at its high-tech terminal – down from the usual three – and none the previous day, Cordero predicts a 20 percent decline in cargo volume in late 2025 if tariff talks stall, raising fears of supply disruptions and potential product shortages.
Copyright © 2020 CGTN. Beijing ICP prepared NO.16065310-3