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Liberation Day Fallout: China's Port Volumes Sink After Trump's Tariff Blitz

  • Cargo handled by China dropped by 9.7 percent during April 7-13, according to the Wall Street Journal.
  • President Donald Trump imposed new tariffs, totaling 145 percent on Chinese imports to the US, upsetting China's export capabilities.
  • Chinese exporters report a slowdown in major port cities, with some factory production grinding to a halt, according to Radio Free Asia.
  • Blaine Worthington suggested the U.S. partner with nations like Japan and South Korea to enhance shipping capacity during the tariff slowdown.
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forexlive.com broke the news in on Monday, April 14, 2025.
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