Articles
Temporary U.S.-China Trade Truce Expected to Cause Space, Equipment Shortages on Eastbound Trans-Pacific
The preliminary trade deal between the U.S. and China is expected to cause a capacity crunch on the Eastbound Trans-Pacific trade. Duties on Chinese goods are being lowered from 145% to 30%, and duties on U.S. imports are being reduced from 125% to 10%. The move is already releasing a backlog of shipments built up
