More pressure on transpacific rates as carriers bet on a China-US trade deal
Mainline operators are pushing for higher transpacific rates in May, betting on a trade deal ...
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Over a quarter of the transpacific container trade is at risk from the deepening China-US trade war, as the US threatens to impose another $200bn of tariffs on a new range of Chinese exports, according to new analysis from shipping association BIMCO.
BIMCO’s chief shipping analyst Peter Sand said: “85.3% of Chinese seaborne imports from the US and 58.5% of US seaborne imports from China could become affected by the trade war, if the US and China implement tariffs on a ...
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