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News / China-US trade war could trigger 15% volume decline on transpacific

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As carriers and cargo owners on the transpacific trade continue to weigh the effects of the recent decision by Donald Trump to increase tariffs on a range of Chinese exports, new analysis from Drewry suggests volumes between China and the US a could fall precipitously.

“Based ...

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  • Joe Alba

    May 28, 2019 at 7:37 pm

    While I do not argue with your figures showing loss of volume on both the US and China import and export side of the trade situation, I also suggest that a portion of that loss for the US will be made up by trading with Asian alternate sources. This on-going export loss to China may end up to be significant since inertia may take over, and the temporary sourcing may well turn out to become permanent. I also think it worth noting that the “buyer” in this trade war is much more likely to suffer than the “seller”.

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China-US trade war Drewry Transpacific Trade