The Port of Los Angeles, the busiest port in the US, reported the highest monthly container volume in its 117-year history for July as shippers front-load cargoes amid ongoing tariff uncertainty.

Meanwhile, US and Japanese stock indexes hit all-time highs this week as the world adapts to President Trump’s trade policy. New data this week showed that tariffs have brought in billions in revenue. Meanwhile, inflation’s decline has plateaued as economists warn of tariff price pressures to come over the next few months.

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