145% tariffs means ships aren't shipping.

From Marketplace, I'm Sabri Beneshore in for David Bruncaccio.

There has been a sharp drop in the number of cargo ships coming from China to the U.S.

loaded with furniture toys and other goods.

Bookings for the containers that go on those ships also way down. That is what happens when

tariffs on the products that would normally fill those containers is raised to our raised to

145 percent. Marketplaces Nancy Marshall-Genzor has more. The ship tracking system port optimizer

says shipments from China to Southern California will drop by around 50% in early

May. Porfirio Waters is president of the supply chain management company Trade Flex Group.

He says his clients are avoiding China right now.

They froze their orders. They froze bringing in anything for China right now.

So right now the seamship

companies are basically almost sending empty vessels from Asia to the United States.

Waters says this kind of disruption can snarl supply chains with too many vessels and shipping

containers in one port and not enough in others. This all comes at an especially sensitive time

for U.S. importers. This is when they normally start ordering shipments of products for the

back-to-school and holiday shopping seasons. I'm Nancy Marshall Genser for Marketplace.

Beyonce's Cowboy Carter Tour kicks off tonight in Los Angeles, and so far at least,

fans are finding it cheaper and easier to get their hands on tickets than during Beyonce's

sold-out Renaissance tour in 2023. That is probably less a reflection on Beyonce and more

that post-pandemic revenge spending on live events like concerts is slowing down. Marketplace's Savannah

Peters reports. When pop star Gracie Abrams performed in Boston last year, Carrie Seminelli's

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