Foreign Trade Orders Turn to Waste Overnight, Shipments Cancelled, Ports Piled With Empty Containers
Foreign Trade Orders Turn to Waste Overnight, Shipments Cancelled, Ports Piled With Empty Containers
Udumbara
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The United States' recent increase in comprehensive tariffs on Chinese goods has reached 54%, with plans to implement "reciprocal tariffs" on multiple countries. Combined with potential port docking fees, this is having a significant impact on Chinese ports and the shipping industry, which rely heavily on US-China trade.
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