Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm ...
Ceasefire? It seems China and the US have stepped back and are willing to negotiate, with the latter announcing a 90-day suspension to the imposition of further tariffs on Chinese goods. The move follows what Bloomberg describes as a “high-stakes” dinner meeting held between Messrs Trump and Xi yesterday on the sidelines of the Buenos Aires G20 summit. However, the same report notes differences between statements from both governments. It seems in the People’s Republic, reference to the “90-days” has been all ...
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