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Hawaii faces new inflation risk on top of Trump tariffs

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Hawaii faces new inflation risk on top of Trump tariffs


Hawaii is facing a new inflation risk and incoming financial trouble due to President Donald Trump’s tariffs.

The state’s only interisland shipping company, Young Brothers, has applied to The Hawai’i Public Utilities Commission (PUC) to raise shipping rates by an average of 20 percent. Young Brothers has said this price hike will help cover the cost of new equipment, infrastructure and operating expenses. However, it will also raise the cost of shipping items between the islands.

Newsweek reached out to the PUC and Young Brothers via email for comment.

Why It Matters

This proposed rise in shipping prices within Hawaii comes at the same time as Trump’s retaliatory tariffs, which are expected to raise the cost of goods across the United States. This means Hawaii residents will not only pay more upfront for their goods but will also have to pay even more to ship them.

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Hawaii is already one of the least affordable states in the country.

Matson oceangoing cargo shipping containers line Kawaihae Harbor, the point of entry for much of Hawaii’s transportation of goods and building materials, on December 16, 2016.

George Rose/Getty images

What To Know

With a house price-to-income ratio of 10.6 and 67.9 percent of a resident’s income needed to cover an average mortgage, Hawaii is the most expensive state in the country for housing.

Hawaii is the third most expensive state for goods in the U.S. due to existing shipping costs. Since everything has to be shipped to the islands, the cost of transportation is added to the price of the goods. So, a loaf of bread that costs $3.66 in Fayetteville, Arkansas, will cost $5.34 in Honolulu.

Young Brothers is set to host four public meetings about its application to raise costs. The first meeting is scheduled for April 7 at 5:30 p.m. at the Hawai’i Public Utilities Commission Hearing Room, 465 South King Street, Room 103, Honolulu.

Honolulu news station KHON2 reported that if the shipping company raises its prices, container shipping costs will rise by at least 20 percent. Shipping to Hilo will cost 35 percent more. Shipping a car will cost 30 percent more, and shipping refrigerated items will cost 40 percent more.

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Young Brothers wants to raise prices to cover the cost of new equipment. Its Facebook account shows several shipping delays over the past year due to mechanical failures.

Trump tariffs on steel and aluminum may also result in their new mechanical purchases being higher than anticipated.

What People Are Saying

The Hawai’i Public Utilities Commission, in a statement: “The Commission will review Young Brothers’ requests to determine whether the proposed General Rate Increase, WICI, and Temporary Rate Increase are just and reasonable.”

What Happens Next

Young Brothers is hosting four public hearings about its proposal. The first is today, April 7, at 5:50 p.m. HST on Oahu. It will be hosted at the Hawai’i Public Utilities Commission Hearing Room in Honolulu.

The second is April 8 at 5:50 p.m. HST on Hawaii island. It will be at the Natural Energy Laboratory of Hawai’i Authority (NELHA), Kailua-Kona.

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The third is April 9 at 5:30 HST at Hawai’i Community College in Hilo.

The fourth is April 14 on Kauai at 5:50 p.m. HST at the Līhu’e State Office Building.



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Hawaii

Hawaii Set to Host First State Surfing Championship in 2026

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Hawaii Set to Host First State Surfing Championship in 2026


Hawaii Governor Josh Green was joined by Carissa Moore Monday to announce the 2026 Hawaii High School Athletic Association (HHSAA) surfing competition. The contest will be held at Hookipa Beach on Maui’s north shore on May 1 and May 2 and will cap off the first school year in which surfing is an official team sport at the prep level in the Aloha State.

HHSAA announced that surfing would be added to its spring 2026 schedule back in July after Gov. Green signed a bill providing $685,000 in funding for the state’s interscholastic leagues. Prior to that, athletes like Carissa Moore were left with traveling to compete as individuals representing their schools in NSSA events.

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“It would’ve been cool to have a few more of my peers alongside me competing and doing it together, and representing something bigger than ourselves,” Moore told the media on Monday. She joked about the complications it created as a student, making up missed P.E. credits with laps around the track at Punahou School.  “Surfing is a very individual sport, and I think this team aspect is so important and something that I missed out on as a young person.”

The May 2026 event will include competition categories for both boys and girls in three different disciplines: shortboard, longboard, and bodyboard.

“The Maui high schools have competed for 19 years as an unofficial club sport and then from 10 years ago, we’ve been competing as an official MIL sport,” said Maui Interscholastic League surfing co-coordinator Kim Ball. “So you can imagine the enthusiasm and excitement after 29 years that we’re finally going to have a state championship. The county of Maui and our MIL surf crew will do all we can to make it a memorable event.”

The news is being celebrated around Hawaii for the sport’s importance within the state’s culture and history. Beyond that, however, it makes Hawaii the first state in the U.S. to recognize surfing as a state champion team event.

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Shohei Ohtani’s lawyers claim he was victim in Hawaii real estate deal

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Shohei Ohtani’s lawyers claim he was victim in Hawaii real estate deal


Dodgers star Shohei Ohtani and his agent, Nez Balelo, moved to dismiss a lawsuit filed last month accusing them of causing a Hawaii real estate investor and broker to be fired from a $240-million luxury housing development on the Big Island’s Hapuna Coast.

Ohtani and Balelo were sued Aug. 8 in Hawaii Circuit Court for the First Circuit by developer Kevin J. Hayes Sr. and real estate broker Tomoko Matsumoto, West Point Investment Corp. and Hapuna Estates Property Owners, who accused them of “abuse of power” that allegedly resulted in tortious interference and unjust enrichment.

Hayes and Matsumoto had been dropped from the development deal by Kingsbarn Realty Capital, the joint venture’s majority owner.

In papers filed Sunday, lawyers for Ohtani and Balelo said Hayes and Matsumoto in 2023 acquired rights for a joint venture in which they owned a minority percentage to use Ohtani’s name, image and likeness under an endorsement agreement to market the venture’s real estate development at the Mauna Kea Resort. The lawyers said Ohtani was a “victim of NIL violations.”

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“Unbeknownst to Ohtani and his agent Nez Balelo, plaintiffs exploited Ohtani’s name and photograph to drum up traffic to a website that marketed plaintiffs’ own side project development,” the lawyers wrote. “They engaged in this self-dealing without authorization, and without paying Ohtani for that use, in a selfish and wrongful effort to take advantage of their proximity to the most famous baseball player in the world.”

The lawyers claimed Hayes and Matsumoto sued after “Balelo did his job and protected his client by expressing justifiable concern about this misuse and threatening to take legal action against this clear misappropriation.” They called Balelo’s actions “clearly protected speech “

In a statement issued after the suit was filed last month, Kingsbarn called the allegations “completely frivolous and without merit.”

Ohtani is a three-time MVP on the defending World Series champion Dodgers.

“Nez Balelo has always prioritized Shohei Ohtani’s best interests, including protecting his name, image, and likeness from unauthorized use,” a lawyer for Ohtani and Balelo, said in a statement. “This frivolous lawsuit is a desperate attempt by plaintiffs to distract from their myriad of failures and blatant misappropriation of Mr. Ohtani’s rights.”

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Lawyers for Hayes and Matsumoto did not immediately respond to a request for comment.



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Hawaii justices offer mixed ruling on Green’s housing proclamation | Honolulu Star-Advertiser

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Hawaii justices offer mixed ruling on Green’s housing proclamation | Honolulu Star-Advertiser




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