Trump OKs tariff cuts for United Kingdom, as trade talks continue
President Donald Trump on Monday signed an agreement lowering tariffs on some imports from the United Kingdom.
President Donald Trump on Monday signed an agreement lowering tariffs on some imports from the United Kingdom.
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Container rates on the Asia-U.S. trade lane surged as shippers rushed early peak- season traffic and carriers announced general rate increases, according to SONAR and Freightos data.
After months of back and forth, President Trump says a deal with China is done.
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The pause in tariffs will boost containerized imports through U.S. ports this summer, according to the National Retail Federation, but at lower levels than a year ago.
Trac Intermodal is positioning its leading fleet of 200,000 chassis to support a tariff pause-fueled surge of import containers.
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Container rates continue to soar, says Xeneta, as shippers look to take advantage of the pause in the China-U.S. tariff fight.
Freightos Baltic Index container rates showing the effects of the China-U.S. tariff break and carrier rate hikes.
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President Trump’s 50% tariffs on almost all imported steel and aluminum into the U.S. took effect on Wednesday.
The Port of New York-New Jersey saw April container volumes rise 6% from the same month a year ago.
President Donald Trump said he will impose 50% tariffs on foreign steel, raising the rate from his original announcement.
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Retaliatory tariffs from trading partners, like China’s response to the retaliatory tariffs, could linger, complicating cross-border freight.