01:05

US: U.S. tariff hikes spark economic warnings as port outlook turns negative

Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video

International credit rating agency Moody's has revised down its 2025 outlook for U.S. ports from stable to negative, predicting that cargo volumes could decrease by 7 to 12 percent due to the U.S. administration's recent tariff hikes, according to U.S. media reports. Maritime consultancy Drewry also estimates that global container shipping will drop one percent in 2025, with a sharper 5.5 percent decline projected for North America. Meanwhile, the Los Angeles County Economic Development Corporation warns the region risks losing 500 billion U.S. dollars in economic activity, potentially affecting two million workers as port activity slows. These forecasts highlight growing concerns about the economic consequences of U.S. trade policies on domestic and global supply chains. SHOTLIST: FILE: Washington D.C., USA - Date Unknown 1. Various of Capitol building; FILE: Philadelphia, USA - October 2024 2. U.S. national flag; FILE: Los Angeles, USA - Date Unknown 3. Various of port; 4. Various of vessels at port; 5. Various of crane moving container at port; 6. Containers at port; 7. Vessel; FILE: New York City, USA - October 2024 8. Various of port scene, Statue of Liberty; 9. Various of buildings, pedestrians, traffic; FILE: Detroit, Michigan, USA - March 17, 2025 10. Buildings. [Restrictions: No access Chinese mainland]

Categories

Tags

From the blog

Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video

Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.

View post
Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video