Asia-USEC shippers to lose 42% capacity in a surge of blanked sailings
The eastbound transpacific trades are set to see a surge of blanked sailings over the ...
Attempts by businesses to reduce their dependence on Chinese imports are becoming more difficult as the US-China tariff war intensifies.
In May, US president Joe Biden announced a 100% border tax on Chinese-made electric vehicles, to protect domestic manufacturers, while other products such as lithium batteries, solar panels and semiconductors were also subjected to tariff hikes.
Sara Hsu, associate professor of supply chain management at the University of Tennessee, said that, while “the latest tariffs are ...
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