THE container shipping industry welcomed an agreement between the United States and China to slash tariffs, saying it expected to be followed by a recovery of the trade, Reuters reports. The United States will cut extra tariffs it imposed on Chinese imports in April to 30 per cent from 145 per cent and Chinese duties on US imports will fall to 10 per cent from 125 per cent for the next 90 days. Trade between the world’s two largest economies plummeted amid the standoff, prompting container...
https://www.seanews.com.tr/shippers-pleased-to-win-china-us-tariff-reprieve/203299/