Ports of Los Angeles, Long Beach Welcome 90-Day China Tariff Pause, Seek Long-Term Deal

Leaders at the ports of Los Angeles and Long Beach have welcomed a 90-day pause and reduction in tariffs between the United States and China, with the U.S. lowering its tariff rate on Chinese goods from 145% to 30% and China reducing its tax on American imports from 125% to 10%. While this temporary agreement brings relief to consumers, businesses, workers, and the supply chain, port officials emphasize that tariffs remain elevated compared to earlier this year, and significant uncertainty persists regarding the long-term trade policy. Despite the tariff reduction, import volumes at the Port of Los Angeles are projected to drop by 25% year-over-year due to ongoing trade tensions and the lasting impact of President Trump's initial tariffs. Port leaders, including Gene Seroka and Mario Cordero, have called for both countries to work toward a permanent agreement to provide certainty and stability for the industry, noting the significant role these ports play in the global economy. The tariffs have affected various commodities, leading to reduced cargo volumes and likely fewer consumer choices. Union leaders and industry representatives continue to feel the economic repercussions as negotiations proceed.