Imports bounce back at LA port in June in tariff 'whipsaw effect'
Port authorities said on Monday that the volume of import cargo rose 32 percent from May. They said unscheduled container vessels also arrived in the latter half of June.
The agreement on tariffs in mid-May apparently led to a surge in shipments from China. The LA port is a key gateway to Asia.
Port of Los Angeles Executive Director Gene Seroka told reporters that the rebound in imports highlighted what he called a "tariff whipsaw effect."
US President Donald Trump has extended the pause on what he calls "reciprocal tariffs" on US trading partners until August 1.
Seroka predicted that there will be "one last push" in cargo coming to the United States before the new tariff deadline.
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