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'I freaked out and spent $400 online – it felt like a last hurrah'
Consumers have been increasing their online purchases, sometimes making impulsive higher-value orders, in response to new import fees affecting previously tariff-exempt low-cost sh...
Read Full Article →Global growth bellwethers Maersk and Toyota lower guidance on tariff impact
Leading international companies from the shipping and automotive sectors have reduced their future financial expectations due to the increased costs associated with recent trade ta...
Read Full Article →Maersk, a bellwether for global trade, cuts container market outlook on U.S.-China tariff tensions
Despite reporting higher-than-anticipated first-quarter operating earnings, the Danish shipping company adjusted its expectations for container market growth due to ongoing trade u...
Read Full Article →Why the Panama Canal is a big, long-term prize in Trump's global trade war
Despite a temporary decline in Chinese shipping, the Panama Canal remains a crucial revenue source, reflecting its enduring importance in international trade and global economic st...
Read Full Article →LA’s bustling ports hit by Trump tariffs: ‘Everyone in the US will feel this’
The recent tariffs have disrupted shipping activities at Southern California’s major port area, potentially causing widespread economic repercussions due to slowed cargo movement a...
Read Full Article →Temu halts shipping direct from China as de minimis tariff loophole is cut off
Temu has raised prices and imposed significant import charges on products from China following the elimination of a tariff loophole that previously allowed for lower shipping costs...
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