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Cargo Traffic to Los Angeles Port Expected to Rise in Week Ending May 16

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-- Cargo traffic at the Port of Los Angeles is expected to rise in the week ending May 16, according to data from the ship-tracking system Port Optimizer.

A total of 124,885 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 roughly 18% increase from the previous week and a 48% rise from a year earlier.

Twenty-three freight vessels are scheduled to arrive at the port in the week ending May 16, the data showed. That is more than the 19 vessels each during this week and the week ending May 9.

President Donald Trump said Friday he will raise tariffs to 25% next week on European Union cars and trucks being exported to the US, as the EU is not fully complying with their trade deal.

Trump said Thursday on Truth Social he is removing tariffs and restrictions on whiskey "having to do with Scotland's ability to work with the Commonwealth of Kentucky on Whiskey and Bourbon," in honor of the UK's King Charles III and Queen Camilla.

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