Ahmedabad: US President Donald Trump’s decision to impose tariffs on 60 countries is being victimized by the US itself. The new tariffs will be applicable on 9 and 10 April, but before that the crowd for tariff-free shipment has increased, due to which a huge traffic jam has arisen at the major American ports.
Even though the US has the largest and modern ports in the world, the administration is facing difficulties in dealing with the current situation. Companies are trying to import more and more goods before the tariff is implemented, causing long queues of containers at major American ports. The number of vessels at major ports of Los Angeles and New York has increased manifold than normal. Total traffic at all ports has increased by 30 to 40 percent within three days of Trump’s tariff announcement.
Although there are about 60 shipping ports in the United States, the fourth is the busiest port Seattle port. According to the information issued by the port, there was a 30 percent increase in traffic before the tariff announcement.
John Volphus, CEO of the US Northwestern Ports Association, says this traffic jam may slow down the speed of the coming shipment, and may cause some time a shortage of products and inflation. He said that even during the Korona period, the supply chain had a big impact and once again there is an atmosphere of uncertainty, which will affect the American supply chain.
The ninth most busy port in the US, Oklaland, handles 74 percent of Asian shipments. Here mainly electronic, IT and chip related products come. There is 20 percent more traffic than last month. This year, 1.03 million T.E.U. at Los Angeles Port. Has seen to be increased.
Experts believe that the increase in shipment before the tariff is implemented will put pressure on American ports and this may shock the country’s supply chain. It is important to note that the US can become the first country to face logistics and trade obstacles due to Trump’s tariff decision.
The Post Extra Tariff Before the implementation of the traffic jam on the ports in the US first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
