Port Authority of Los Angeles sees huge drop from China.
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Most people havent seen the tariffs yet as we blow through inventory purchased prior to "liberation day".
(Or as I like to call it....."bend over and take it up the butt day")
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Now the snowball starts rolling down the hill.  Â
Less volume at the port = layoffs at the port.Â
Less trucks and rail freight from the ports = layoffs at the trucking and rail companies. Â
Less inventory delivered to stores from trucks = fewer sales and layoffs at the stores.
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More unemployed people means less taxes paid to the government...and more people on government programs.
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You think DOGE and the Trump administration are saving money? You are in for a rude awakening.
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