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West Coast Port Labor Affecting Stock Market

Started by oscartg, Jun 06, 2023, 03:15 AM

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oscartg

West Coast Ports and the Stock Market

I'm surprised this isn't being talked about more. This is a big deal...

PlaceboTrader

They're not discussing problems in the ports because that doesn't suit their agenda apparently

mariobros

This can hurt the US economy in a big way and I am also surprised we don't see more on the news.

West Coast ports in the United States serve as major gateways for international trade and receive products from various regions around the world. Some of the primary regions from which products are imported to West Coast ports include:

Asia: West Coast ports, such as the Port of Los Angeles and the Port of Long Beach in California, receive a significant portion of their imports from countries in Asia, including China, Japan, South Korea, and Vietnam. These countries are major manufacturing hubs and exporters of goods to the United States.

Oceania: West Coast ports also receive imports from countries in Oceania, such as Australia and New Zealand. These imports may include agricultural products, minerals, and other commodities.

Latin America: Products from countries in Latin America, such as Mexico, Chile, Peru, and Colombia, also arrive at West Coast ports. These imports can include a variety of goods, including fresh produce, petroleum products, and manufactured goods.

Europe: While the majority of imports from Europe arrive at East Coast ports, West Coast ports do receive some products from European countries. These imports can include automobiles, machinery, electronics, and luxury goods.

This affects us and this affects a good amount of our global suppliers.






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