US Chinese ship penalties will hit transatlantic trade hardest – Soren Toft
The transatlantic container trade could be the most severely impacted if the US goes ahead ...
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If you increases taxes by as much as 500%, as Donald Trump has managed to do on some goods from China to the US, a lot of shippers are going to spend far more time looking for ways to avoid the tariffs than hoping consumers will simply accept higher prices. According to this analysis from Quartz, the US could already have lost some $60m in unpaid duties on Chinese goods that have been relabelled and transhipped through non-China ports. “Like ...
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