Economics

August Records at Busiest U.S. Port Mask Decline in Exports

Photographer: Patrick T. Fallon/Bloomberg
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August may have been a record month on many fronts for the port of Los Angeles as volumes recover from the initial shock of the Covid-19 pandemic, but the long-term trends at the U.S.’s busiest container hub show the nation’s trade imbalances have deepened, its executive director said.