News / US-China escalation means peak season may be last hurrah for transpac trade

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As carriers and forwarders scramble to complete their preparations for the coming peak season, doubt is rising if the widely anticipated surge in volumes may be the last hurrah for buoyant transpacific trade.

Concern is fuelled by a report that US president Trump intends to turn up the heat in the stand-off with China.

Apparently he is poised to slap tariffs on $200bn worth of Chinese goods on top of the duties levied on US imports from the Asian country so far.

According ...