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Executive says that holiday season imports are already arriving at the busiest US port.

The top executive of the nation's busiest port said that U.S. retailers had finished importing holiday goods at least one month earlier in an effort to reduce costs associated with President Donald Trump's changing tariff policies.

Port of Los Angeles Director Gene Seroka said that "a large amount of holiday cargo is already here and moving through the supply chain."

He said that the traditional holiday rush, also known as peak season, which is traditionally driven by retail, happened early.

About half of the cargo volume is handled by retailers at the Port Los Angeles. Dockworkers handled 1,019 837 20-foot-equivalent units (TEUs), the highest monthly cargo volume the Port of Los Angeles has ever seen in its 117 year history.

The total volume at the Port of Los Angeles in August was 958.355 TEUs. This is down 0.2% compared to a year earlier.

Seroka anticipates that import volumes will continue to decline throughout the rest of the year. He said that September will be about 850,000 TEUs. This is 10% less than the previous year.

Forecasters say that several trends point to a drab holiday season in 2025.

This month, the National Retail Federation (which represents companies such as Walmart and Target) said that it expects container imports will continue to decline throughout the rest of the year, due to the rising U.S. Tariffs.

"Shifting Trade Policies Continue to Create Uncertainty for Businesses and Consumers," Mario Cordero said, CEO of Port of Long Beach which borders the Port of Los Angeles.

Seroka explained that this is contributing to a slowdown in job growth, and the lingering of inflation. This makes importers and customers a bit more cautious.

Retail sales in the United States increased more than anticipated in August. This is the third consecutive month that retail sales have increased, despite a backdrop of price hikes fueled by tariffs.

But a PricewaterhouseCoopers survey released this month showed that holiday spending by U.S. consumers is set for its steepest drop since the pandemic as shoppers -- particularly Gen Z -- pull back amid economic uncertainty. (Reporting by Lisa Baertlein in Los Angeles; Editing by Jamie Freed)

(source: Reuters)