FOXNEWS Your World With Neil Cavuto October 29, 2021 20:04:00
We expect 46 ships here in the next three days. that's a lot. 10% from vietnam, 65% from china. if you want to look at a trade imbalance, take a look at this picture here. there's so many containers here that they are spilling over into nearby neighborhoods leaving truckers without chassis needed to move the new containers. hence the log jack. now to solve that, the ports have i'm mosted a $100 fee on each container not removed on time. that escalates to each day to $2,600 each week. there's 360,000 containers in long beach and l.a., import and export as well. they fear that the prices are goi...