financetom
Economy
financetom
/
Economy
/
Cargo Traffic to Los Angeles Port Expected to Fall in Week Ending Aug. 29
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cargo Traffic to Los Angeles Port Expected to Fall in Week Ending Aug. 29
Aug 14, 2026 11:31 AM

02:08 PM EDT, 08/14/2026 (MT Newswires) -- Cargo traffic at the Port of Los Angeles is expected to fall in the week ending Aug. 29, according to data from ship-tracking system Port Optimizer.

A total of 136,528 20-foot equivalent units, a standardized measure of cargo capacity, are projected to reach the port in the week, the data showed. That volume reflects a 6.1% decrease from the previous week and an 18% rise from a year earlier.

Twenty-three freight vessels are scheduled to arrive at the port in the week ending Aug. 29, the data showed. That compares with 23 vessels scheduled this week and 25 in the week ending Aug. 22.

The Trump administration is imposing a 100% tariff on imports of certain unmanned aircraft systems and their components, Bloomberg reported Thursday.

Smaller drones without national security capabilities will face a 25% tariff, while drones from countries with trade agreements with the US will be subject to rates set under those agreements, Bloomberg reported.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Wary of US investors, Greenland lawmakers push to pass foreign investment screening law
Wary of US investors, Greenland lawmakers push to pass foreign investment screening law
Mar 11, 2026
* Trump's Greenland ambitions shift focus of investment screening bill * Lawmakers fear US investors may have hidden political motives * Greenland curbed foreign housing investments following surge in US interest * Lawmakers need to balance need for foreign capital and blocking unwanted investors By Jacob Gronholt-Pedersen COPENHAGEN, Feb 26 (Reuters) - A surge in property interest from U.S. buyers...
Fed chief nominee Warsh faces hurdles as clock ticks on Powell's term
Fed chief nominee Warsh faces hurdles as clock ticks on Powell's term
Mar 11, 2026
Feb 27 (Reuters) - President Donald Trump has yet to formally nominate Kevin Warsh to succeed Jerome Powell as head of the Federal Reserve, a delay that, while not unprecedented, is also not typical and adds to uncertainty in a process clouded by concerns about political pressure on the U.S. central bank. Trump named Warsh, a former Fed governor, as...
California treasurer urges Trump to honor SCOTUS tariff ruling
California treasurer urges Trump to honor SCOTUS tariff ruling
Mar 11, 2026
California's treasurer and state controller joined officials from nine other states in sending a letter to President Donald Trump Thursday urging him to adhere to the U.S. Supreme Court's ruling on tariffs. The high court by a 6-3 vote on Feb. 20 struck down the sweeping tariffs Trump had imposed in 2025 in a series of executive orders that caused...
Guinea signs health agreement with US
Guinea signs health agreement with US
Mar 11, 2026
DAKAR, March 2 (Reuters) - Guinea and the United States have signed a five-year health cooperation agreement totalling nearly $143 million in funding from both countries, finance minister Mariama Cire Sylla said. * The U.S. has been pursuing bilateral deals with Africancountries after dismantling its aid agency last year, cuttingfunding and contracts worldwide. * The memorandum of understanding will mobilize...
Copyright 2023-2026 - www.financetom.com All Rights Reserved