Friday, March 5, 2021
port of los angeles
Ports

U.S. Trade Gap Widens to Near Record as Imports Surge

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the third-biggest on record in January as imports surged to the highest since mid-2019. The gap in trade of goods...

17 hours ago
Total Views: 603

Tuesday, March 2, 2021
port of los angeles cma cgm
Ports

U.S. Imports at Full Speed Show Uneven Global Recovery Pace

By Brendan Murray (Bloomberg) — A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances...

March 2, 2021
Total Views: 1277

Friday, February 26, 2021
Shipping

Biden Trade Pick Says China Must Deliver on Phase-One Pact

By Eric Martin and Jenny Leonard (Bloomberg) — President Joe Biden’s nominee for trade chief called on China to live up to the commitments in its trade pact with the U.S. — the...

February 26, 2021
Total Views: 2323

Friday, February 5, 2021
Ports

U.S. Annual Trade Gap Grows to Biggest Since Financial Crisis

By Eric Martin (Bloomberg) — The U.S. last year posted its biggest annual trade deficit since 2008 as the global health crisis depressed export markets for American companies. The gap in...

February 5, 2021
Total Views: 1032

Friday, January 29, 2021
Shipping

Trump’s Trade Deal with China Under Review, White House Says

By Jenny Leonard and Josh Wingrove (Bloomberg) — The Biden administration has former President Donald Trump’s so-called phase-one trade deal with China “under review” along with the rest of the U.S....

January 29, 2021
Total Views: 1520

Monday, January 11, 2021
Shipping

How China Won Trump’s ‘Easy to Win’ Trade War

By Bloomberg News – U.S. President Donald Trump famously tweeted that “trade wars were good, and easy to win” in 2018 as he began to impose tariffs on about $360 billion of imports from China....

January 11, 2021
Total Views: 3723

Monday, November 2, 2020
Maritime News

Trump Changed How the U.S. Trades, But Not Necessarily as Intended – Graphs

WASHINGTON, Nov 2 (Reuters) – U.S. President Donald Trump’s “America First” trade policy torched a 70-year consensus on trade liberalization, drew a harder line against China’s state-driven economic model and...

November 2, 2020
Total Views: 166

Tuesday, October 13, 2020
container loading onto ship
Maritime News

China’s Rebound Bolsters Its Global Trade Dominance

By Bloomberg News (Bloomberg) — China is cementing its status as the world’s dominant trading nation, confounding warnings that a once in a century pandemic combined with simmering tensions with...

October 13, 2020
Total Views: 41

Tuesday, September 15, 2020
Maritime News

U.S. Violated Trade Rules With Tariffs on China, WTO Says

By Bryce Baschuk (Bloomberg) — The World Trade Organization undercut the main justification for President Donald Trump’s trade war against China, saying that American tariffs on Chinese goods violate international...

September 15, 2020
Total Views: 34

Wednesday, September 9, 2020
port of long beach
Maritime News

Port of Long Beach Reports Best August Ever Amid COVID-19, Trade War Uncertainty

The Port of Long Beach had its best August in its 109-year history, marking a strong start to the peaking shipping season despite lingering economic uncertainty due to the COVID-19...

September 9, 2020
Total Views: 29

Tuesday, August 25, 2020
shanghai free trade zone
Maritime News

U.S. and China Signal Progress on Trade Deal as Relations Fray

By Bloomberg News (Bloomberg) — The U.S. and China reaffirmed their commitment to the phase-one trade deal in a biannual review, demonstrating a willingness to cooperate even as tensions rise...

August 25, 2020
Total Views: 16

Thursday, July 16, 2020
Interesting

Port of Los Angeles Cargo Volumes Down 17% in First Half 2020

More than 776,000 fewer twenty-foot equivalent cargo containers moved across the docks at the Port of Los Angeles in the first half of 2020 compared to last year due to...

July 16, 2020
Total Views: 19

Monday, June 29, 2020
container ship
Maritime News

Despite Trump’s Calls to Decouple, U.S. Companies Ship More From China Faster

By Brendan Murray (Bloomberg) — Just as the U.S. president urges American companies to ditch China, many of them can’t get more of China fast enough. Consider the voyage of...

June 29, 2020
Total Views: 31

Friday, June 26, 2020
cargo containers
Maritime News

More Transatlantic Blankings Unveiled as New Trade War Threatens

By Mike Wackett (The Loadstar) – 2M partners Maersk and MSC have extended the suspension of their TA4/NEUATL4 transatlantic loop through to September. The service, which deploys five vessels with...

June 26, 2020
Total Views: 16

Tuesday, June 23, 2020
Maritime News

White House Trade Advisor Walks Back Comments on China Trade Deal Being ‘Over’

WASHINGTON, June 22 (Reuters) – White House trade adviser Peter Navarro on Monday walked back on his earlier remarks that the U.S.-China trade pact was “over,” stoking volatility in markets...

June 23, 2020
Total Views: 3

Thursday, June 4, 2020
Maritime News

U.S. Total Trade Slumps to Lowest Level in Almost a Decade

By Ana Monteiro (Bloomberg) –U.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled demand and hindered logistics....

June 4, 2020
Total Views: 3

Thursday, May 28, 2020
container terminal at port
Maritime News

Trade War Cut $1.7 Trillion From U.S. Market Caps, Study Shows

By Eric Martin (Bloomberg) –The U.S. trade war with China cut $1.7 trillion from the market value of listed American firms and will reduce their investment growth rate by almost...

May 28, 2020
Total Views: 8

Friday, March 13, 2020
Maritime News

Trump Administration Dashes Hopes of Tariff Cut

By David Lawder and Andrea Shalal WASHINGTON, March 13 (Reuters) – The Trump administration is not considering broad relief from import tariffs on Chinese goods to ease economic pain from...

March 13, 2020
Total Views: 12

Wednesday, March 11, 2020
port of long beach
Maritime News

Ports Act as Weather Vanes as Economic Clouds Darken

By Brendan Murray (Bloomberg) — Longshoremen hold a revered place in economic and political history — from the docks of London and South Africa to Southern California. They’re on the front line...

March 11, 2020
Total Views: 19

Tuesday, February 25, 2020
port of los angeles cma cgm
Maritime News

Busiest U.S. Port Sees Coronavirus Drag Through Most of 2020

By Richard Clough (Bloomberg) — The shipping industry will remain volatile for most of 2020 as the coronavirus outbreak in China upends the global supply chain, said the head of the...

February 25, 2020
Total Views: 5