Definitive Decisions

While many nations haven't targeted EVs due to a lack of domestic industries to protect, China's manufacturing trade surplus, including green-energy goods, steel, and animal feed, is surging due to weak domestic demand from a real estate slump.

This export surge, often coupled with falling prices, is prompting global reactions.

Record anti-subsidy and anti-dumping measures were taken against Chinese goods last year, affecting a wide range of products.

China’s iron and steel exports reached record levels as domestic construction demand fell, causing price declines and tariffs from Latin American nations. This is expected to divert more metal to Asia, with complaints from companies in Vietnam and India about cheap imports.

China’s soybean meal and petrochemical exports are also rising, affecting industries in neighboring countries.

While some nations welcome cheaper Chinese goods, such as solar panels in South Africa and India, others like Brazil and Turkey are trying to attract Chinese firms to build local factories.

This crackdown, especially on shipments from China, has led to congestion at customs warehouses like LAX. CBP's strategy aims to protect Americans and the economy by enhancing regulations, adapting operations, driving compliance, and supporting international trade standards.

The rise in trade volume, particularly low-value packages, poses challenges, with past seizures of drugs and non-compliant goods prompting the crackdown. If air shipments face delays, cargo might shift to sea, complicating inspections due to the sheer volume of containers at ports like Los Angeles.

The upcoming election could further influence trade policies, potentially leading to more tariffs and restrictions on Chinese goods. This might result in a surge in freight from Asia to the U.S. before the election, similar to previous patterns.

The operation on June 3-4 involved concrete breakers, underwater surveys, and oxyacetylene torches to meticulously separate and remove debris using clamshell dredges.

Unified Command has been progressively clearing the channel, which has been partially reopened to 400 feet wide and 50 feet deep since May 20, allowing deep-draft commercial vessels to access the Port of Baltimore.

The full restoration of the channel to its original 700-foot width and 50-foot depth is expected to be completed between June 8-10, marking a significant recovery milestone since the bridge's collapse on March 26.