China’s sea cargo flow starts to slow after tariffs take effect

Quick Summary:

Chinese ports experienced a slowdown in cargo processing last week, marking the first decline since the Lunar New Year, with a 10% decrease from the previous week and a 4% drop compared to the same period in 2024.

The Trump administration has upended global trade with a slew of new tariffs, prompting China to retaliate.

It contrasts with the picture over the first three months of the year, when the value of goods sent overseas grew almost 6%.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaChinaNew ZealandTaiwan

Topics: Us vs china Trump tariffs Global trade China China containers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 10:10:01 (1 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 588 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 27904685

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 3 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #84

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