The White House has temporarily relaxed duties on parcel imports from China that entered the country without duty prior to May 2, but efforts continue to eliminate the de minimis exemption altogether.
Here’s a sector-by-sector breakdown of how major players are reacting to the mounting pressure of tariffs and retaliatory trade measures.
Canada and Mexico said they would impose tariffs on imports from the U.S. in retaliation for duties announced by President Trump on Saturday.
Chinese trade flow into Mexico is helping to build up the latter’s manufacturing capabilities, which is a long-term positive for the U.S.
The outlook for the global economy has deteriorated significantly due to escalation in the U.S.-China trade war, according to Fitch Ratings’ Global Economic Outlook (GEO). The credit rating agency forecasts world growth in 2020 to fall to the lowest rate since 2012. “There can be few precedents since the 1930s of global growth prospects being […]
Stalco, a Toronto third-party logistics provider, takes advantage of duty-free limits to legally fulfill online orders of Chinese goods to consumers in the United States without incurring President Trump’s trade-war tariffs.
Top transportation economist Paul Bingham goes in-depth on trade war freight consequences, both pro and con.
FreightWaves CEO Craig Fuller says he hopes he is wrong, but data is showing the freight market is heading into a recession. Who will feel the impact and the facts and figures surrounding Fuller’s prediction.
Danaos CEO does not believe trade dispute will cut box-ship ton-mile demand.
China’s new list more than doubles the tariff on LNG, but it’s the dry bulk stocks that are feeling the pain.
Shipping’s ‘trade war’ equation is not measured in tons at sea, it’s measured in tons times miles at sea.
Apple’s manufacturing partner Foxconn Technology Group, which assembles Apple’s iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a “mega-development” in India.
Airbus (AIR: EURONEXT) broke ground for its new A220 manufacturing facility in Mobile, Alabama on Wednesday. The newest airliner in Airbus’ product line, the A220 is designed to revolutionize the market for 100-150 seat aircraft.
Fervent hope and speculation in the West about forthcoming policy announcements by China failed to materialise yesterday in a speech given by China’s President Xi Jinping.
Stifel’s super-team of equities analysts took a hard look at trade war risk for carriers in every mode and various types of logistics service providers. Dry bulk maritime is the most exposed, while air cargo is the least. Railroads and intermodal carriers like JB Hunt and HUB Group also have significant risk.
