The Transpacific shipping corridor between the United States and China is experiencing a significant downturn, as newly imposed tariffs disrupt cargo flows, freight logistics, and port operations.
Since the U.S. government implemented a steep 145% tariff on Chinese imports in early April, cargo volumes have plummeted by up to 60%, according to Bloomberg.
This policy, part of the broader trade war under President Donald Trump, has already resulted in the cancellation of at least 80 sailings from...