trump tariffs


Tuesday, May 6, 2025
A containership being loaded at the Port of New York and New Jersey at night.
Shipping

US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports

The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping

May 6, 2025
Total Views: 624

A man walks at China's state-owned Cosco Shipping Chancay port inaugurated during the APEC Summit, in Chancay, Peru, November 14, 2024.
Shipping

Chinese Trade Flow Resilient at End of April Despite US Tariffs

China’s trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is

May 6, 2025
Total Views: 1238

Centerm Expansion Project Port Vancouver. Photo courtesy Port of Vancouver
Shipping

As Trump Tariffs Sink in, Canadian Companies Pivot From US to New Markets

A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base in the

May 6, 2025
Total Views: 1278

Monday, May 5, 2025
European Firms Fare Better Than Feared Through Early Trade Pain
Shipping

European Firms Fare Better Than Feared Through Early Trade Pain

European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of

May 5, 2025
Total Views: 620

Friday, May 2, 2025
China Shipping Loophole Closed by Trump, Raising Prices for US Consumers
Shipping

China Shipping Loophole Closed by Trump, Raising Prices for US Consumers

Small-value packages shipped to the US from China will no longer be exempted from tariffs starting Friday, when President Donald Trump’s move against an

May 2, 2025
Total Views: 1077

Thursday, May 1, 2025
Port of Seattle at night
Shipping

West Coast Senators, Port Leaders Sound Alarm on Trump Tariff Hit to the Economy

U.S. Senators from California, Washington, and Oregon joined West Coast port leaders today in an urgent warning about severe economic consequences stemming

May 1, 2025
Total Views: 2724

Wednesday, April 30, 2025
yantian port china
Shipping

China Is Days Late in Releasing Trade Data as US Shipping Slumps

China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut back on exports to the

April 30, 2025
Total Views: 1384

Tuesday, April 29, 2025
maersk ship
Shipping

Record U.S. Goods-Trade Deficit Implies Weaker First-Quarter GDP

By Mark Niquette (Bloomberg) — The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get

April 29, 2025
Total Views: 830

Containership berthed at the Port of Los Angeles.Photo courtesy Port of Los Angeles.
Ports

Port of Los Angeles Boss Sees Dramatic Drop in Cargo Volumes

The Port of Los Angeles is projecting a significant decline in cargo volumes, with inbound shipments expected to drop 35% next week compared to last year as

April 29, 2025
Total Views: 1691

Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Says It Has Maintained All Trans-Pacific Sailings Despite Tariff, Trade Uncertainty

Maersk MAERSKb.CO said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsizing some vessels, despite the uncertainty

April 29, 2025
Total Views: 1480

Monday, April 28, 2025
A worker on a container crane at the Port of Los Angeles
Ports

West Coast Dockworkers Union ILWU Slams Trump’s ‘Haphazard and Destructive’ Tariff Plan

The International Longshore and Warehouse Union (ILWU) has issued a forceful statement opposing recently implemented tariffs between the United States and

April 28, 2025
Total Views: 2536

U.S. President Donald Trump speaks, as he signs executive orders and proclamations in the Oval Office at the White House in Washington
News

Trump China Tariffs Set to Unleash Supply Shock on U.S. Economy

President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit

April 28, 2025
Total Views: 2819

Tankers at a terminal at night
Shipping

South Korea Rules Out Tariff Deal With US Before June 3 Snap Election

A senior South Korean government official ruled out on Monday that Seoul would agree to a trade package with Washington by the time the country holds

April 28, 2025
Total Views: 1093

Chinese Firms Turn to Indian Exporters to Help Fill US Orders
Shipping

Chinese Firms Turn to Indian Exporters to Help Fill US Orders

Some China-based firms hit hard by US tariffs are reaching out to Indian exporters to fill orders on their behalf and help them retain their American customers

April 28, 2025
Total Views: 2357

Friday, April 25, 2025
Aerial view of a container ship
Shipping

Blank Sailings Cushion Fall for Container Spot Rates

Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to plague the transpacific market and demand

April 25, 2025
Total Views: 1131

Apple Aims to Source All US iPhones From India in Pivot Away From China, FT Reports
News

Apple Aims to Source All US iPhones From India in Pivot Away From China, FT Reports

Apple AAPL.O plans to shift the assembly of all iPhones sold in the U.S. to India as early as next year, pivoting away from China to avoid steep tariffs, the

April 25, 2025
Total Views: 966

Thursday, April 24, 2025
File photo of the port of long beach from the bridge of a ship
Shipping

Chinese Exporters Retreat From US as Tariffs Erode Profitability

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

April 24, 2025
Total Views: 1859

Wednesday, April 23, 2025
FILE PHOTO: A cargo ship full of containers is seen at the port of Oakland as trade tensions escalate over U.S. tariffs, in Oakland, California
Shipping

Industry Leaders Warn of Supply Chain Crisis as Trump Tariffs Hit US-China Trade

Container shipping between China and the United States faces unprecedented disruption following the implementation of new Trump administration tariffs on U.S.

April 23, 2025
Total Views: 2501

port of los angeles and long beach
Ports

Trump’s 100% Tariff Proposal on Chinese Cranes Could Leave U.S. Ports with Few Options

Chinese cranes that load and unload containers from ships are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even

April 23, 2025
Total Views: 2199

Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal
Shipping

Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal

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

April 23, 2025
Total Views: 879