Tariffs cause bust-to-boom cycle for China-US trade routes
EFT
MAY 21, 2025
The immediate aftermath of the Trump administration’s 125% tariff announcement on China on April 2 saw ocean freight bookings fall 67% week-over-week Following on from the dramatic tit-for-tat increases in bilateral tariffs and the suspension of de minimis for packages from China into the U.S.
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