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Middle East conflict, tariffs push prices higher across US economy

2026-04-20 09:03:41       source:CGTN

April 19, 2026


Escalating tariffs and renewed conflict in the Middle East are rippling through the largest US port complex, driving up shipping costs at the Ports of Los Angeles and Long Beach and pushing prices higher across the US economy, port officials have said.


"What happens in the supply chain doesn't stay in the supply chain," Port of Long Beach CEO Noel Hacegaba said at a press briefing on Wednesday. "It shows up in the prices people pay every day."


Executives at the Port of Long Beach warned that disruptions linked to tensions around the Strait of Hormuz, combined with US President Donald Trump's tariffs, have made global trade routes more costly and less reliable, affecting port operations and the roughly three million US jobs tied to port activity.


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https://news.cgtn.com/news/2026-04-19/Middle-East-conflict-tariffs-push-prices-higher-across-US-economy-1Mt5GfI0QX6/p.html