International
The tariff truce with China does not clear the crisis in the largest port of the United States.
The 90-day tariff truce between the United States and China barely represents a respite for the port of Los Angeles, the most active in North America and the most affected by an unprecedented trade war from which it will be difficult to recover.
The impact of the taxes on the Asian country disarmed activity in the largest port in the United States with a collapse of 32% and 35% in ship traffic in the last two weeks, a heavy blow to one of the main engines of the state of California, which had not experienced a similar crisis since the COVID-19 pandemic.
Although on paper the temporary agreement between Trump and China, which comes into force this Wednesday, is favorable for trade between both sides, its wound leaves open a deep hole in the ports of the west coast that is difficult to stop.
Last Friday morning, no cargo ship had left China with goods to the two main ports on the west coast in the last 12 hours, according to port officials told CNN, an unprecedented scene in the last five years.
Nor were there the 41 ships that were planned to leave China for San Pedro Bay, which includes the piers of Los Angeles and Long Beach in California.
The latter stands out for being one of the key pillars in the economic vitality of the United States, since the port of Long Beach generates 2.7 million jobs worldwide, including more than 1.1 million in California, according to the website.
To the sharp drop in port activity is added the uncertainty in the rise in prices of items from China and the impact to absorb the economic and employment losses generated by ships that never reached their final destination in the midst of the tariff war.
Shipments from China represent about 45% of the business of the port of Los Angeles, which over the years has been increasing its commercial cargo: last year it received 10.3 million containers, a record 1.7 million TEU (maritime cargo unit, equivalent to a 20-foot container), almost 20% more than in 2023.
The truce does not convince the maritime transport sectors, restless about another uncertain panorama that pushes them to drift, without a plan to correct the impact of the decrease in imports in the busiest ports of the United States.
“The reduction of taxes between the US and China is good news for consumers, the US business, workers and the supply chain. To avoid further uncertainty and disruption of trade, both parties must work together quickly towards a long-term agreement,” said Gene Seroka, executive director of the port of Los Angeles, in a statement.
The representative of the port activity of Los Angeles has presented himself in the last month as an iron whistleblower of the serious consequences of the tariffs imposed on China.
The United States has been imposing tariffs on China since April 2 and incurred a reprisal that reached 145% in the midst of the trade war. The Asian country responded with the same currency and applied taxes of 125% on US imports.
After last Sunday’s meeting between Trump and his Chinese counterpart, Xi Jinping, the powers consolidated a 30% tariff for China and 10% for the United States for a period of three months in which they hope to agree on a framework that favors both parties.
The National Federation of Retailers also applauded this temporary agreement, “which allows a significant de-escalation of the current trade relationship,” its executive director, Matthew Shay, said in a letter.
But they are not satisfied with these reforms: “We urge the Administration and our Chinese trading partners to continue talks to address current problems, work to eliminate the remaining tariffs for national security reasons and ensure long-term stability between the world’s two largest economies,” he said.
“If the situation does not change quickly, I mean the uncertainty we are experiencing, we could see empty products on the shelves. The consumer will notice it in the next 30 days,” said the executive director of the Port of Long Beach, Mario Cordero, according to CNN.
International
Looting Spreads in Venezuela’s Hardest-Hit Areas After Deadly Earthquakes
Not even the wires were left behind at a small grocery store. Before the ground had even stopped shaking, looting and theft began in the areas hardest hit by the double earthquake that struck Venezuela.
Reports of robberies have multiplied in the coastal state of La Guaira, located near Caracas and now transformed into a landscape of collapsed buildings and debris.
Videos circulating on social media show groups of people removing boxes of household appliances from a damaged store. Other images show similar boxes being carried on top of vehicles and motorcycles.
Social media platforms have also been filled with accusations against police officers and military personnel who allegedly stole from homes and even from victims who died during the disaster.
A branch of a major pharmacy chain was looted, along with supermarkets and other businesses. Some residents have described the situation as “disaster tourism,” while others say the looting reflects hunger and desperation among people who lost everything in a country already facing a prolonged economic crisis.
“Is it fair that our own people turn against our own people?” said María Esther Bernal, 71, who rented commercial spaces to Chinese merchants, all of which were looted. “They left nothing behind, not even the wallpaper. They even took the cables,” she said.
“Next door, a man died. He was Chinese. People walked over his body while they looted the place. It was a supermarket,” she added.
An AFP journalist witnessed looting in La Guaira since Thursday, following the earthquakes.
Jenifer Mayora, 34, defended some of the actions, saying that “the things people took were because the owners of the stores allowed us to take them.”
However, she criticized the limited response from authorities. “I have been waiting for a mattress so my children can sleep,” she said.
Residents have expressed anger over what they describe as a slow and insufficient response from authorities after the double earthquake, which has left around 1,450 people dead and tens of thousands missing.
Communities are demanding not only faster rescue operations in La Guaira, but also stronger security measures and urgent assistance with food, water, and medicine.
International
UN warns Venezuela earthquakes could affect up to 6.76 million people
Up to 6.76 million people could be affected by the devastating earthquakes that struck Venezuela on June 24, according to an assessment released by the International Organization for Migration (IOM), a United Nations agency.
The organization said the projections are based on available population data and damage assessments, and include up to two million people living in Caracas, the country’s capital.
The estimates highlight the potentially massive humanitarian impact of the disaster, the IOM warned.
Entire buildings collapsed in La Guaira, a coastal area north of Caracas, following the powerful twin earthquakes that reached magnitudes of 7.2 and 7.5 on Wednesday.
The national death toll has risen to 920, while rescue teams continue searching for people trapped beneath the rubble in coastal regions and other affected areas.
UN humanitarian chief Tom Fletcher told AFP on Friday that more than 50,000 people were reported missing.
The IOM also revealed that it worked with Microsoft’s artificial intelligence laboratory on an initial satellite mapping analysis, which showed that 31.5% of buildings in the town of Catia La Mar had suffered damage.
Authorities and international rescue teams continue operations as Venezuela faces one of its largest humanitarian emergencies in recent years.
International
United Nations Coordinates Relief Efforts as Venezuela Death Toll Rises After Twin Quakes
United Nations Secretary-General António Guterres on Thursday expressed his condolences to the people of Venezuela following the two devastating earthquakes that struck the country and highlighted the ongoing coordination between UN humanitarian teams and interim President Delcy Rodríguez.
Speaking during the UN’s daily press briefing, spokesperson Stéphane Dujarric said Guterres was deeply saddened by the loss of life and widespread destruction caused by the disaster.
“The Secretary-General is deeply distressed by the loss of life and the widespread devastation caused by the earthquakes that struck Venezuela yesterday. He extends his heartfelt condolences to the families of the victims and wishes a speedy recovery to those injured,” Dujarric stated.
Venezuela was struck on Wednesday by two powerful earthquakes measuring 7.2 and 7.5 in magnitude. According to official figures, the disaster has left at least 164 people dead and 971 others injured.
Dujarric noted that preliminary reports indicate significant damage across several states, including the capital, Caracas. Numerous casualties have been reported, while other individuals remain trapped beneath collapsed structures or are still missing.
“Critical infrastructure has been damaged and essential services have been disrupted,” the spokesperson said.
The United Nations confirmed that its humanitarian team remains in close contact with interim President Delcy Rodríguez and other relevant authorities as emergency operations continue.
To support relief efforts, the UN has established a coordination center in Caracas and is assisting local authorities to ensure that humanitarian aid reaches affected communities as quickly and efficiently as possible.
Guterres also welcomed the expressions of solidarity and offers of assistance from countries around the world that responded following news of the disaster, underscoring the importance of international cooperation in addressing the humanitarian emergency.
Looting Spreads in Venezuela’s Hardest-Hit Areas After Deadly Earthquakes
UN warns Venezuela earthquakes could affect up to 6.76 million people
United Nations Coordinates Relief Efforts as Venezuela Death Toll Rises After Twin Quakes
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