News / Shippers should check out the 'small print' in China-US tariff cuts

Shippers may find themselves caught out by the particulars of the 90-day reduction on China-US tariffs, with concerns mounting over the explosion in volume bookings since the news.

Treasury secretary Scott Bessent announced on Monday that the US would cut tariffs on Chinese goods from 145% to 10%, plus a 20% fentanyl tariff, with China confirming it too would cut tariffs on US goods back to 10% – for a 90-day period.

However, a White House ...