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Tariffs cause bust-to-boom cycle for China-US trade routes

EFT

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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The need to know

EFT

The need to know from Reuters’ global network of journalists Retailers rush to save US summer shopping season U.S. Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. retailers including Walmart (WMT.N) France's CMA CGM to redeploy fleet to avoid U.S.