President Donald Trump has threatened to close the border between the United States and Mexico, claiming concerns over the number of Central American migrants...
Charleston Harbor Deepening Project received USD 138 million of funding in the President’s FY2020 Budget.
President Trump has delayed the additional Chinese tariffs, scheduled to take effect from March 1.
https://worldmaritimenews.com/archives/271997/trump-delays-tariffs-on-usd-200-bn-of-chinese-imports/
by Carlyann Edwards (Bloomberg) More than half the registered voters in Republican-controlled South Carolina supported Donald Trump in a poll last month, but there’s at least one area where state leaders are ditching the president to join rival Democrats: a fight against oil exploration off the...
CHICAGO (Reuters) – China on Wednesday (Dec. 12) made its first major purchases of U.S. soybeans since President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, providing some relief to U.S. farmers who have struggled to find buyers for their record-large harvest.
Trump told Reuters in an interview on Tuesday the Chinese were already buying a “tremendous amount” of U.S. soybeans and would also soon cut tariffs on U.S. autos.
The purchase of over...
It remains to be seen whether continuation of the U.S. soybean sale to China would help raise Panamax & Supramax rates.
The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the Trump administration’s decision to hold off on tariff increases that were set to take effect January 2019.
“We commend President Trump for his efforts to restore a fair and balanced trade relationship with China. The administration’s decision to give diplomacy a chance and at least temporarily avoid the imposition of increased and additional tariffs is an encouraging sign.
“It is...
US president Donald Trump this week handed the Federal Maritime Commission greater powers to regulate container shipping lines, following profound industry consolidation, through a revised US Shipping Act
The FMC Authorization Act of 2017 was signed into law by the president on Tuesday, “marking the first substantive revision to the US Shipping Act since 1998,” according to lawyers at Holland & Knight.
They said the move was primarily to address “antitrust issues related …
The post US Shipping...
US: FMC to address antitrust issues in maritime industry consolidation and ocean carrier alliances.
Rouhani: If the U.S. wants to stop our oil sales, no oil will be exported from the Persian Gulf.