The costs of shipping goods from Asia to the US have exploded under the Biden regime.
We’ve reported how ships are parked offshore near the ports of Los Angeles and Long Beach and are not being unloaded. Biden said he’d fix it but nothing has happened. Wait till he tells Americans they can’t have toys for their kids for Christmas because he can’t figure out how to get some ships from Asia unloaded.
Biden’s inaction is beginning to have quite the cost. Breitbart reports:
Shipping costs are surging around the globe, causing the price of sending a container from Asia to the West Coast to increase many times over.
When Donald Trump was president in 2020, the price to ship a container from Asia to California was $3,800. That price spiked to $17,000 in October of 2021, according to supply chain technology company Freightos.
Freightos also revealed that shipping to the east coast is more expensive than the west coast, with rates reaching $20,000.
The increase in shipping cost is primarily due to the supply chain crunch, which is jamming seaports, trucking companies, and warehouses.