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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"The Trump Administration Is Acting Like This Isn't A Big Deal,' Says Fox Host As LA Port Volume Drops 35% And Layoffs
LoomThe Port of Los Angeles, the busiest in the Western Hemisphere, has seen a 35% drop in cargo volume compared to the same period last year, according to Gene Seroka, the ports executive director. The drop reflects the harsh impact of recent tariffs imposed by President Donald Trumps administration.
The economic fallout from these tariffs sparked a heated exchange on the recent Fox News The Five show. One of the hosts, Jessica Tarlov, argued that despite the administrations attempts to downplay the impact, the consequences are already being felt.
Link to tweet
Prices are already going up, Tarlov said, highlighting layoffs at a Mack truck plant in Pennsylvania and rising costs hitting major companies like Microsoft (NASDAQ:MSFT) and Mattel (NASDAQ:MAT). She pointed to the executive director of the Port of Los Angeles, who, besides reporting a 35% drop in cargo volume, also warned that truckers and dock workers could soon face significant layoffs.
When co-hosts Jeanine Pirro and Greg Gutfeld tried to push back, suggesting that theres always talk about layoffs but they never happen, Tarlov shot back, Its not true that it doesnt happen... These are real consequences.
https://finance.yahoo.com/news/incredible-trump-administration-acting-isnt-230129083.html
Trump has his, that's all that matter to him.

kimbutgar
(25,078 posts)And their magaloon master doesnt give a $hit about them!
MarineCombatEngineer
(15,366 posts)I've parked my truck for now and am letting my other driver take whatever loads she can get, so Been A Dick Donald saying this isn't a big deal is pure, unadulterated bullshit.
Baitball Blogger
(50,002 posts)busy accepting graft money from terrorists and cartels.
lostnfound
(16,965 posts)with a 90 day pause, people will buy in case tariffs go up at the end of 90 days.
Port activity should largely recover in 2 weeks.
Unless he fs it up some other way.
Im more worried about plane crashes.
Well, after the human rights of immigrants, and the lives of people on Medicaid, and the lawlessness of his gestapo, food aid and epidemics and health and safety laws and worker rights and womens health and domestic violence and fair elections.
And my retirement fund.
hildegaard28
(464 posts)Hurting billionaires, so it isn't a big deal to him.