The Cost of Trump’s Trade War on Just One Ship: Supply Lines

May 6, 2025, 11:00 AM UTC

The OOCL Violet, a hulking shipping vessel that pulled into the Port of Long Beach on April 24, loaded with thousands of containers full of goods bound for the US, tells the story of President Donald Trump’s trade war in one ship.

The Violet is one of the first ships facing the 145% tariff rate on nearly half of its cargo. On board are fish, sneakers, forklifts, latex medical gloves, car windshields and more. When the Violet first began loading cargo in Dalian, China, most Chinese goods faced a 20% additional US tariff rate.

The tariffs surge means about 40% ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.