China-US trade war could trigger 15% volume decline on transpacific

As carriers and cargo owners on the transpacific trade continue to weigh the effects of the recent decision by Donald Trump to increase tariffs on a range of Chinese exports, new analysis from Drewry suggests volumes between China and the US a could fall precipitously.
“Based on previous impact analysis, Drewry calculates that a 10% increase in US import prices of goods from China results in a 6% decline in teu …

The post China-US trade war could trigger 15% volume decline on transpacific appeared first on The Loadstar.

Source: The Loadstar

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