For an increasing number of Chinese exporters, many of whom battled through the trade war in President Donald Trump’s first term and who have invested years to capture the spending power of American shoppers, it may be closing time in the US.
https://gcaptain.com/chinese-exporters-retreat-from-us-as-tariffs-erode-profitability/
Container shipping between China and the United States faces unprecedented disruption following the implementation of new Trump administration tariffs on U.S. imports from China, with industry leaders warning of potential…
Chinese cranes that load and unload containers from ships are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no US industry for the equipment exists.
President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.
https://gcaptain.com/trump-floats-substantial-china-tariff-cuts-in-trade-deal/
Customers of Hapag-Lloyd have canceled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super powers, a spokesperson for the German container shipping group told Reuters on Wednesday.
https://gcaptain.com/hapag-lloyd-says-30-of-chinas-u-s-bound-shipments-have-been-canceled/
The US government has announced a revision of port fees applicable to vessels built in China, following opposition from the industry.
The post US revises port fees for China-built ships amid industry concerns appeared first on Ship Technology.
https://www.ship-technology.com/news/us-rport-fees-for-china-ships/
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
https://gcaptain.com/sino-us-trade-war-redrawing-global-lpg-trading-outlook/
Container shipping lines have dramatically increased blank sailings on Transpacific routes in response to escalating trade tensions between the U.S. and China, according to a new report from Sea-Intelligence. The…
https://gcaptain.com/massive-surge-in-transpacific-blank-sailings-amid-u-s-china-trade-tensions/
China’s ambassador to the United States, Xie Feng, has urged Washington to seek common ground with Beijing and pursue peaceful coexistence while warning that China stood ready to retaliate in the escalating trade war.
https://gcaptain.com/chinas-us-envoy-urges-end-to-trade-war-but-warns-beijing-ready-to-fight/
China’s purchases of US liquefied natural gas plunged to zero in March after a sharp decline in the previous two months, as the trade war between the two biggest economies alters shipping routes.
https://gcaptain.com/china-stops-imports-of-us-lng-amid-trade-war-custom-data-shows/