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.
11 Articles
11 Articles
China’s Port Traffic Slows Sharply Amid US Tariffs
Port activity in Shanghai and Guangdong has sharply declined following the implementation of a 145% tariff imposed by President Donald Trump, triggering a ripple effect across China’s manufacturing and shipping sectors, according to reports from exporters and local officials, Breitbart reported. Radio Free Asia (RFA) cited accounts from Chinese exporters and port officials on Saturday who reported that traffic has visibly slowed in China’s major…
Report: Chinese Port Traffic Slows as Tariffs Take Effect
Radio Free Asia (RFA) on Saturday quoted reports from Chinese exporters and port officials who said traffic is visibly slowing down at China’s big port cities of Shanghai and Guangdong, while some factory production has virtually “ground to a halt.” The post Report: Chinese Port Traffic Slows as Tariffs Take Effect appeared first on Breitbart.
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