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The US tariff policy has severely impacted the logistics industry, with cargo volume at the Port of Long Beach in California experiencing a big dump of 44%.
Golden Ten Data on April 25, recently, affected by the U.S. tariff policy, the number of cargo ships arriving at the Port of Long Beach has decreased significantly, and a large number of people in related industries may face unemployment, and the local economy may suffer a heavy blow. Mario Cordero, chief executive of the Port of Long Beach in California, said the number of ships expected to arrive between May 4 and May 10 is down 44 percent compared to the same period last year, which is a very large decline. We can judge that the volume of cargo arriving in the second and third quarters of this year will drop sharply. From the point of view of port managers, our view is that the smaller the volume of cargo, the fewer jobs. According to CBS, the latest report shows that the Los Angeles area of California may lose about $500 billion in revenue due to the impact of the U.S. tariff policy, and the jobs of 2 million related personnel are threatened.