More trade war tariffs could mean ‘double-digit’ import declines at US poprts

Import container throughput at the 10 largest US ports fell 3.3% in June, year on year, to 1.7m teu, according to the latest data from Blue Alpha Capital
“The impact of tariffs is becoming apparent and, absent any changes, the effect will become more pronounced,” said the consultancy’s founder and author of the report, John D McCown.
“The containers arriving in June were loaded in China after the 25 February decision to …

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Source: The Loadstar

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