| The Port of Long Beach could see cargo volumes plummet by as much as 20% in the second half of 2025 if current trade uncertainties worsen, CEO Mario Cordero warned in an interview with Bloomberg Television. Cordero pointed to growing concerns over new tariff discussions, noting that uncertainty over US trade policy — particularly with allied nations — is making it difficult to predict future shipping trends. "It's hard to really forecast what we don't know — what's going to happen in the future in terms of where tariff conversations are going to go ultimately, particularly with our allies," he said. (Click here to watch the full interview.) Bloomberg Tracker: Every Trump Tariff and Its Economic Effect He cited the last major trade war under Trump's first term, during which the port saw a 20.5% decline in cargo from China. That loss was partially offset by a 10% increase in shipments from other nations, especially Vietnam. "Now what's different is that every country is being hit with these tariffs," Cordero said. Read More: Americans Rush to Buy Olive Oil and iPhones Before Tariffs Despite the looming threat, Cordero said US ports can adapt, provided there is greater policy transparency from Washington. "History will tell you that the ports will survive and we will adjust to whatever the administration's policies that go forward," he said. "But again, what we need today — not only the ports, but the business sector and Wall Street — we need clarity, and we need certainty." - Tariffs Explained: As major increases in US tariffs begin to redefine the country's trading relationships, American consumers are getting a crash course in how taxes on imports work. This story explains the basics.
—Nazmul Ahasan in Washington Bloomberg's tariff tracker follows all the twists and turns of global trade wars. Click here for more of Bloomberg.com's most-read stories about trade, supply chains and shipping. | 
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