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TL;DR:
Craig Fuller, founder of FreightWaves and once a potential Trump transportation pick, says the 145% tariffs on Chinese goods have triggered a supply chain collapse, truck traffic from LA ports is down 23%, with 50% import drops predicted. Even major logistics firms like Knight-Swift blame "toxic tariffs" for plummeting volumes.
In his view, the 145% tariffs on Chinese goods are functionally an embargo, and they’ve been rolled out so suddenly that U.S. companies haven’t had time to adapt. “It’s too much too fast,” Fuller told reporters in a phone interview. “The economy can’t absorb it.”
If only an expert had known this beforehand.
If only our government was being ran by competent people and if someone is incompetent they were removed.
Man helps throw gasoline on his own house that was set fire by arsonist who told everyone he was going to burn houses ..... the man who threw gasoline around is now heartbroken that his house is on fire.
Missing from the article: lessons learned.
He won't learn
These idiots are constantly saying that despite the shitfuckery, they'd vote the same way again
Then the article is accurate because no lessons were learned.
I'm not heartbroken. I'm perfectly OK to see this asshole living in a refrigerator box under an overpass.
It's disheartening that no one in this comment section applied some critical reading skills and questioned this source.
I live in SoCal and the truck traffic coming out of L.A. is substantially down. Before the felon's tariffs truck traffic would be so dense it would take miles to get over to the right lane to exit the freeway. Now traffic's way down to maybe 2/3 of what it was. The lack of container ships in West Coast ports has been well documented.
No matter what you think of the source, the big drop in freight traffic is real. CEOs of trucking companies should be seriously alarmed. Maybe even some Magats are questioning their choice in the last election.
Will you please explain?
The source is garbage. The news site is rated as being Mixed Factual reporting. They don't identify who funds them, and they don't detail their sources.
They are left leaning and primarily lean in to discredit Trump. Trump does a good enough job discrediting himself without the need to fabricate or embelish stories to make him look bad. This "feel good" bullshit is the same sort of stuff that the right does to capture their viewers and feed them "alternative truth". Be better. Check your sources, and check whether this is reliable information.
If only there was some way to know that this would happen!
Sadly history has nothing to teach us and we can't predict the future. What are ya gonna do?
Doesn't anyone care about the poor CEOs anymore? Lol. Trump said he was going apply tariffs, which always reduce trade. He's getting exactly what he voted for.
Face eating leopards gotta eat too.
Not killing enough minorities to make the hit to your wallet worth it, Craig?
Retards will vote for another corrupt criminal.
This statement doesn't need a slur to get the point across
As a disabled person myself, I encourage you to seethe harder
Very clear example of the media being very divorced from middle class realities.
Bro, we don’t feel bad for poor people who voted for their demise, and you think we would care about CEOs?
Stock Market is Up.
That's all these people care about. The US can become a country that only knows how to make weird AI advertisements and MLM scams, and so long as GDP goes up these people will think everything is fine.
The stock market is around the same level it was 6 months ago and still down from the beginning of his presidency
Womp womp.
The only sympathy I have is for the overworked employees.
"FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy."
Ironic. Although I guess their data wouldn't be very good at analyzing someone picking up the economy, turning it upside down and giving it a good shake.
"But how could the Leopards eat MY face???" screamed the man who voted for the Leopards-Eating-People's-Faces Party at the Leopards-Eating-People's-Faces Party rally.
Absolute fucking clowns.