TransPacific Cargo Trade Decimated by Trump’s Tariff War

Quick Summary:

Seaborn trade from Asia to the US has plummeted, with a vast number of freight shipments cancelled and China's once-bustling ports now at a standstill because of the tariff war launched early this month

The post TransPacific Cargo Trade Decimated by Trump’s Tariff War appeared first on Asia Financial.

It said that if each shipment carried 8,000 to 10,000 TEUs (twenty-foot equivalent units), that would represent a drop in freight traffic of between 640,000-800,000 containers.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaThailandUnited States

Topics: Southeast Asia New Energy ESG Transport Insights World Asia Fintech Insights Market Insights Carbon Transport Fintech China-US Economic Ties

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 13:44:08 (6 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Asia Financial

News ID: 28171834

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