News / Thaw in US-China trade relations won't mean business as before for logistics

Photo: © Alexlmx

The US-China trade pact signed this week, described by the US president as “a monster of a deal”, may have halted the trading tariff spat, but logistics providers and their clients have no cause to change strategy.

In Phase 1 of the trade deal, the US has suspended a 15% tariff on some $160bn of imports from China set for 15 December and halved tariffs on another $120bn of imports from China, from 15% to 7.5%.

In return, Beijing suspended a planned ...