Day: February 4, 2025

The 10% tariff on all Chinese imports into the U.S. took effect on February 4, covering broad categories of goods, including consumer items like electronics, clothing, and shoes. Trade groups, including the American Association of Port Authorities (AAPA), have warned that the tariffs will slow supply chains and raise costs for U.S. consumers. China responded

The restructuring of the ocean carrier alliances in February has brought about capacity fluctuations in the Trans-Pacific trade, according to maritime intelligence firm eeSea. Although functional capacity was 20% higher year-over-year, it remained 8% lower compared to January. eeSea indicated that despite an increase in the number of Eastbound Trans-Pacific services from four to 53 in February,