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stockpiling

After widespread slowdown, Port of LA import surge is a sign Trump’s ‘whipsaw’ tariffs sparked ‘one last’ stockpiling push, executive director says

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For months, Port of Los Angeles Executive Director Gene Seroka warned of slashes to shipment arrivals from China and reduced hours for dock workers and truckers as a result of President Donald Trump’s aggressive tariff threats. As the busiest port in the U.S. saw record-setting shipping volumes last month, Seroka still isn’t breathing a sigh … Read more

Mark Cuban says consumers may actually see lower prices due to tariff uncertainty as companies deal with the aftermath of stockpiling goods

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As many economists warn of the inflationary consequences of tariffs, billionaire Mark Cuban believes uncertainty surrounding the tariffs may actually bring down prices in some instances. Companies may try to rid themselves of inventory they stockpiled as a result of tariff threats, slashing costs to “get back to cash,” Cuban said in a recent social … Read more

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