Liberation day, part two
After raising levies to unprecedented levels on Liberation Day, 2nd April and then suspending them, Trump recently signed a new executive order
Japan ready to invest in US shipyards
According to the agreement Tokyo is to use part of its investments to revitalize the US shipbuilding industry
Port of Los Angeles hit by levy backlash
The Californian port of call ended May with a 4.8% monthly drop in its traffic volumes
Asia-US West Coast capacity boom
Shipping companies are planning to add 397,000 more TEUs to the trade route for June and July
Chinese back exporting to the U.S.
In May, the PMI sub-index on export orders was up three points to 47.5 compared to April
Trade war, federal court blocks levies
The Court of International Trade has ruled Trump cannot unilaterally impose trade tariffs
Europe & the need to recoup the Med.
In a scenario where the United States is questioning its position, Europe should stop limiting itself to focusing just on Northern Europe
COSCO hits back at US ship levies
The new measures distort fair competition and threaten the development of the shipping industry
US softens squeeze on Chinese ships
The US Trade Representative has scaled back the port tariff plan applied to Chinese companies and/or Chinese-built ships announced on 21st February