COPENHAGEN (Reuters) – Top U.S. importers are stocking up on Chinese goods before new import tariffs take effect, shipping giant A.P. Moller-Maersk said on Wednesday (Nov. 14), but warned a trade war would hit demand for container shipping in the coming years.
Maersk’s data indicated that imports into the United States from China had grown 5 to 10 percent year-on-year in the third quarter as companies such as Walmart and Home Depot built up inventories to avoid new import tariffs, Chief...
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