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Exports fall, imports flat as trade war hits Southern California ports

Exports fall, imports flat as trade war hits Southern California ports

The U.S.-China trade war is pounding the San Pedro Bay ports. Import volumes were essentially flat year over year in July as exports declined 5.1%. The ports of Los...

Maersk sells off $1bn stake in Total

Maersk: Trade War could hurt container business

A.P. Moller-Maersk warned a trade war between the United States and China could curb container traffic this year after the world’s largest container shipping company...

Port-of-Long-Beach

Trade war: Port of Long Beach record low cargo volumes

Cargo volumes fell at the Port of Long Beach in July as impacts from the ongoing U.S.-China Trade War continue to hamper trans-Pacific trade.  The Port of Long Beach...

US ports prepare for trade war

US ports prepare for trade war

Some seaports on the West Coast of the United States are braced to bear the brunt of the US-China trade war. Rising tensions between the world’s two largest economies...

China pledges $60bn in financial support to Africa

Trade war: Xi Jinping warns China of difficult times ahead 

China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday,...

Trump axes duty-free status for Rwanda's apparel exports

Trump: I’m very happy with the trade war

US President Donald Trump said he was “very happy” with the trade war he’s fighting with China, vowing to ensure that China does not become the world’s top...

WTO: Trade war boosted global container throughput

WTO: Trade war boosted global container throughput

The World Trade Organization (WTO) in its quarterly outlook indicator released on Tuesday said only the tariff row between the United States of America and China gave a...

A.P. Moller-Maersk, Soren Skou

Maersk CEO: Data shows `ironic’ twist in U.S. trade war with China

The man running the world’s largest container-shipping company says he has access to data that shows Donald Trump has so far failed to wean the U.S. off Chinese...

China is a distorted state-run economy, says EU 

Trade war: China hikes export tax rebates

China will increase export tax rebates from Nov. 1 and quicken export tax rebate payments to support foreign trade, the cabinet said on Monday. This is as a trade war...

U.S. crude oil shipments to China halts amid trade war

U.S. crude oil shipments to China halts amid trade war

U.S. crude oil shipments to China have “totally stopped”, the President of China Merchants Energy Shipping Co (CMES) said on Wednesday. This is as the trade war...

Idle containership fleet to rise amid capacity cuts, trade war

Idle containership fleet to rise amid capacity cuts, trade war

By The Loadstar A perfect storm of radical capacity cuts by carriers and US president Donald Trump’s threat to hike tariffs on Chinese goods could see many more...

Panama Canal increases maximum draft for neopanamax locks

Trade war: Panama Canal expects drop in number of US, China ships

Fewer ships from China and the United States could use the Panama Canal if trade tensions escalate between the two economic giants, but the dip could be offset by grain...

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