Storyline: Inbound shipments to the Port of Los Angeles, one of the largest and busiest container ports in the United States, dropped by 30 percent in early May due to U.S. trade policies under the Trump administration, according to reports from local media. Due to other countries imposing retaliatory tariffs on goods and services from the United States, especially on agricultural products, the U.S. exports decreased for the fifth consecutive month in April. German multinational financial services company Allianz SE released a global trade survey on Tuesday, which surveyed 4,500 exporters in nine key countries, including China, France, Germany, Italy, Poland, Singapore, Spain, the United Kingdom, and the United States, indicating weakened confidence of exporters because of the U.S. trade policies. Allianz SE said that the unpredictability of U.S. tariff policies has undermined exporters' confidence, with 42 percent of companies expecting a decrease in export turnover of 2 to 10 percent in the next 12 months. The U.S. government announced on April 2 the imposition of so-called "reciprocal tariffs" on all trading partners. Allianz Trade Global Survey showed that before April 2, 80 percent of exporters expected an increase in exports this year, but after April 2, this number dropped to 40 percent. Moreover, exporters' production has been impacted, as 27 percent of firms have indicated that, due to the combination of tariffs and currency volatility, they may temporarily halt production. Furthermore, 32 percent of companies plan to cease imports or overseas production to avoid delays or increased costs. The survey also indicated that some companies are passing on costs to customers by raising prices, with 54 percent of companies in the United States opting to increase prices. Shotlist: FILE: Washington D.C., USA - Oct 2024: 1. Various of White House, U.S. national flag 2. Various of Capitol Hill, U.S. national flag Los Angeles, USA - Recent: 3. Various of scenes of Port of Los Angeles FILE: Los Angeles, USA - Date Unknown: 4. Various of port scene; containers, vessel FILE: New York City, USA - Oct 2024: 5. Various of port scene, Statue of Liberty FILE: Los Angeles, USA - Date Unknown: 6. Various of port scene, trucks FILE: New York City, USA - Oct 2024: 7. U.S. national flag FILE: New York City, USA - Oct 2024: 8. Buildings, pedestrians, traffic. [Restrictions : No access Chinese mainland]