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Pixar Pier brings with it all kinds of new merchandise. such as $25 “Toy Story” T-shirts and $22 mouse-ear hats adorned with alien or robot eyes. New food items include Señor Buzz Churros, Adorable Snowman Ice Cream and cake pops decorated with the faces of various Pixar characters. Theme park representatives declined to say how much has been spent to transform the pier, but the upgrade has been in the works since January, when that area of the park was closed to visitors. In addition to revamping the roller coaster and Ferris Wheel, the park has added new Pixar themes to the park’s restaurants and souvenir shops. Disney is using the opening for a fresh test of the public’s appetite for paying extra for special perks. The park will be opened Friday to VIP guests who are willing to pay $299 for a six-hour premiere party that will include live music, free food, souvenirs and autographs from Pixar costumed characters. California Adventure Park’s biggest upgrade came in 2012, when Disney spent an estimated $1 billion to add a 12-acre Southwestern-themed expansion with characters and scenes from the 2006 Pixar movie “Cars.” Attendance at the park jumped 22% to 7.8 million visitors that year, according to an estimate by Los Angeles consulting firm Aecom. Disney isn’t done making improvements to the park. The Burbank media giant plans an expansion in 2020 that will feature superheroes from Marvel comics and movies: Spider-Man, the Hulk and Iron Man, among others. Disney purchased Marvel Entertainment in 2009.

For the original version including any supplementary images or video, visit http://www.latimes.com/business/la-fi-pixar-pier-opens-20180621-story.html

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Tariffs on Chinese goods threaten Southern California ports and could ripple through to consumers

Tariffs on Chinese goods threaten Southern California ports and could ripple through to consumers Add it all up and the potential U.S. tariffs on $450 billion of goods would hit about 90% of all Chinese imports to the country. A top Trump administration trade advisor said Tuesday that no one should be surprised. “President Trump has given China every chance to change its aggressive behavior,” Peter Navarro said in a conference call with reporters. Navarro downplayed talk of a trade war. He argued that the amount of goods facing tariffs or tariff threats from the two countries would have “relatively small effects” given the nations’ combined annual economic output of more than $30 trillion. And he said that the administration would carefully select the new $200 billion in Chinese imports subject to a 10% tariff to minimize the effect on consumers. Navarro said U.S. and China officials do not have any talks scheduled to resolve the dispute, but added “our phone lines are open.” “The president is willing to talk to anybody any time about these matters as is our trade team, but the fundamental reality is … talk is cheap.” Gold of the National Retail Federation said it’s not possible to select tariffs on $200 billion worth of goods without raising the prices on everyday consumer items. He urged the two countries to sit down and hash things out.

For the original version including any supplementary images or video, visit http://www.latimes.com/business/la-fi-ports-trade-impact-20180620-story.html

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