Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm ...
Huating | Dreamstime.com
By Alex Lennane
The Chinese ministry of commerce has held talks with Walmart, after the US retailer said it would pass on tariff costs to its suppliers and demand price cuts of 10%. This should be viewed as a “serious warning sign” to the White house, noted Peter Alexander, MD of Z-Ben Advisors, on social media.
“The bargaining power of global buyers looks to have flipped fully to the supplier. The Walmart story can also act as a cautionary tale. It ties directly into ...
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