Trump tariffs see hundreds of cancelled container bookings a day from Asia
Donald Trump’s tariff war has seen several Asian exporters cancelling container bookings, as US cargo ...
Under increasing US pressure, Panama has elected not to renew its belt and road (BRI) deal with China and will also allow toll-free transits to American warships.
Following the first overseas trip by US secretary of state Marco Rubio (above), Panama’s President Jose Raul Mulino said the BRI agreement with China, which expires in two to three years, would not be renewed.
And US Navy vessels will now no longer pay $5.50 per displacement ton when transiting the canal.
Mr Mulino is also ...
Comment on this article
Dwight Campbell
February 04, 2025 at 2:40 pmThey will take whatever meaning suits their needs. They are already stretching their own rules beyond the loosest interpretations possible. We only need to learn the lessons of history to predict where we are headed.