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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bonefish who wrote (1538861)5/16/2025 2:50:21 AM
From: sylvester801 Recommendation

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Wharf Rat

  Respond to of 1576287
 
BOOM: "It's Incredible! The Trump Administration Is Acting Like This Isn't A Big Deal," Says Fox Host As LA Port Volume Drops 35% And Layoffs Loom

The Port of Los Angeles, the busiest in the Western Hemisphere, has seen a 35% drop in cargo volume compared to the same period last year, according to Gene Seroka, the port’s executive director. The drop reflects the harsh impact of recent tariffs imposed by President Donald Trump’s administration.

Pushback on Fox News
The economic fallout from these tariffs sparked a heated exchange on the recent Fox News “The Five” show. One of the hosts, Jessica Tarlov, argued that despite the administration’s attempts to downplay the impact, the consequences are already being felt.

“Prices are already going up,” Tarlov said, highlighting layoffs at a Mack truck plant in Pennsylvania and rising costs hitting major companies like Microsoft MSFT and Mattel MAT. She pointed to the executive director of the Port of Los Angeles, who, besides reporting a 35% drop in cargo volume, also warned that truckers and dock workers could soon face significant layoffs.

When co-hosts Jeanine Pirro and Greg Gutfeld tried to push back, suggesting that there’s always talk about layoffs but they never happen, Tarlov shot back, “It’s not true that it doesn’t happen… These are real consequences.”

As she wrote in a post on X on Wednesday, “It’s incredible the Trump Administration is acting like this isn't a big deal.”

She argued that countries are finding ways to adapt to the tariffs, noting that Canada has increased its exports to other markets by 25% since the tariffs were introduced. Co-host Jesse Watters challenged this claim, insisting that Canada’s economy is struggling, but Tarlov stood firm, saying, “I do look at the statistics all day.”

She also cited comments from Treasury Secretary Scott Bessent, who, at the time, acknowledged that the U.S. hadn’t had direct trade talks with China, despite Trump’s claims to the contrary. Tarlov noted that Bessent told Congress the administration has engaged with 17 countries about trade, but not China, which remains the critical player in the ongoing dispute.

Impact on Workers and Local Businesses
For workers like Charlie Camacho, a longshore worker whose family has worked at the port for three generations, the decline is already hitting home. Speaking to NPR, Camacho described the struggle to find work as container volumes plummet. “Less volume of cargo containers means less work for us,” he said. “We feel it, we definitely feel it.”

It’s not just dockworkers feeling the squeeze. Small business owners like Frank Groves, who sells gloves and safety gear to port workers, have also seen their income collapse. Groves told NPR that his business is down nearly 75% in recent weeks. “No sales at all really. If they aren’t working, I don’t make money,” he said.

Even if the tariffs were to be lifted soon, some experts say the damage could be long-lasting. Former Los Angeles City Harbor Commissioner Diane Middleton warned that supply chains can’t be rebuilt overnight. “You don’t just have ships lined up like taxi cabs,” she told NPR, noting that the logistical challenges of reversing these disruptions could linger for months, if not years. “You have to reserve vessels. You have to specify a time. Once you’ve cut all that off, you can’t bring it back in a minute.”

As the debate over tariffs continues, it's clear that the economic fallout is already hitting American businesses and workers hard, despite the administration’s attempts to downplay the impact.
'It's Incredible The Trump Administration Is Acting Like This Isn't A Big Deal,' Says Fox Host As LA Port Volume Drops 35% And Layoffs Loom



To: Bonefish who wrote (1538861)5/16/2025 2:54:51 AM
From: sylvester802 Recommendations

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Eric
Wharf Rat

  Read Replies (3) | Respond to of 1576287
 
He said he will fine $2 trillion waste in the first month alone. But LIAR POS F.elon could not even find 1/10th that and even the ones he said he included are ZOMBIE contracts that are coming back but he is still including them in his total. There is definitely WASTE & FRAUD and is being committed by LIAR POS F.elon Musk and DOGE.



To: Bonefish who wrote (1538861)5/16/2025 6:50:34 AM
From: golfer723 Recommendations

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Broken_Clock
locogringo
longz

  Respond to of 1576287
 
Freeloaders (Dems) like SylJester love the waste and fraud. Without it they might actually have to work!