By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.

Consumer prices rose 2.4% over the year, and the month-over-month increase was lower than expected.

Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices declined for fourth month

U.S. producer prices increased less than expected in May, restrained by lower costs for services like air fares.

The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.

Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index released Wednesday. Prices rose 0.1 percent for the month, according to the Bureau of Labor Statistics. The month-over-month increase is less than expected.

Imports at several of the busiest U.S. seaports dropped sharply in May, after President Donald Trump's short-lived 145% tariffs on many goods from China stalled trade, according to data from Descartes Datamyne.

Researchers discovered that several of Winter’s antibodies were able to clamp onto the virus’s “S2 subunit” and freeze it in place, preventing it from changing into the shape it needs to infect human cells. In animal trials, the antibodies provided strong protection against the virus, even in small doses.

According to the bureau, McConnell was last seen in Harrisonville, Mo., on May 14, and driving a grey 2009 Honda Accord to her Overland Park home. Authorities also noted that she may have been near Severy, Kan., on May 15.

BEIJING (Reuters) -Chinese banks extended 620 billion yuan ($86.34 billion) in new loans in May, rising from the previous month as reassuring monetary measures and a trade truce achieved between Beijing and Washington in mid-May boosted borrowers' confidence.

The Port of Los Angeles processed 716,619 twenty-foot equivalent units in May, 5% less than the same month last year.