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The expansion will result in fewer ships transporting more cargo, saving about $200 million in annual transportation costs, said Kent Britton, the Port of Corpus Christi CEO.

That drop isn’t just a temporary blip. It’s part of a larger slowdown linked to President Donald Trump’s trade war with China.

“The project will add 18,000 jobs and more than $1 billion in tax revenue by 2050,” said Port NOLA vice chairman Sharonda Williams, who served as New Orleans’ city attorney from 2013-15.

NEW ORLEANS (WVUE) - The Port of New Orleans, a major player in U.S. maritime trade, is feeling the effects of global economic shifts after a key shipping line dropped the port from its Asia route.