US agricultural shippers are considering diverting or bringing back shipments hit by new tariffs which are already ‘on the water’.
The latest salvo in what looks set to be a trade war has seen the US trade representative announce $12.5bn-worth of proposed tariffs on a wide variety of imports from China, including semi-conductors, car and aircraft parts.
The move followed Monday’s announcement by China that it had imposed $3bn-worth of duties on goods …
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Source: The Loadstar