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1 day ago | 
ttnews.com | James Mayger |Weilun Soon
Government Business Logistics Global Freight May 13, 2025 9:00 AM, EDT Companies Rush to Ship Goods During 90-Day China-US Truce The Maersk Skarstind is moored at the APM Terminals at the Port of Los Angeles.
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1 day ago | 
bloomberg.com | James Mayger |Weilun Soon
Containers at the Port of Long Beach, California. (Bloomberg) -- A China-US deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean. The rapid escalation of levies in recent weeks, as the trade war took hold, had prompted a steep slump in shipments, with Chinese exports to the US down 21% last month and imports falling almost 14%.
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5 days ago | 
news.bloombergtax.com | James Mayger |Katia Dmitrieva
The future of one of the world’s biggest trading relationships hangs in the balance after US President Donald Trump escalated the tariff war with China by imposing steep duties on imports from the country. Almost $700 billion of goods are now exchanged between the two nations each year.
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5 days ago | 
news.bloomberglaw.com | James Mayger |Katia Dmitrieva
The future of one of the world’s biggest trading relationships hangs in the balance after US President escalated the tariff war with China by imposing steep duties on imports from the country. Almost $700 billion of goods are now exchanged between the two nations each year. In an effort to preserve some of that relationship, US Treasury Secretary and Trade Representative are due to with Chinese officials, led by Vice Premier , in Switzerland on May 10.
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5 days ago | 
bloomberg.com | James Mayger |Katia Dmitrieva
Cranes sit past shipping containers stacked at the Port of Newark in Newark, New Jersey, U.S., on Thursday, June 18, 2015. The U.S. Senate paved the way for a final vote Wednesday on legislation that would give President Barack Obama enhanced authority to complete free-trade deals including a landmark agreement with Pacific nations.
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6 days ago | 
news.bloombergtax.com | Yian Lee |James Mayger
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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6 days ago | 
news.bloomberglaw.com | Yian Lee |James Mayger
Taiwan’s exports climbed to a record in the year through April, driven by a rush to ship goods ahead of US tariffs and continued strong demand for the island’s tech products. Overseas shipments rose 30% in April from a year earlier to almost $49 billion, the Ministry of Finance said in a statement Thursday. That compares with the 16% increase forecast by economists surveyed by Bloomberg, pushing total exports for the first four months of the year to $178 billion — the highest ever for the period.
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6 days ago | 
bloomberg.com | Yian Lee |James Mayger
Taiwan’s economy has been buoyed by a global boom in AI, fueling demand for high-end tech products. (Bloomberg) -- Taiwan’s exports climbed to a record in the year through April, driven by a rush to ship goods ahead of US tariffs and continued strong demand for the island’s tech products. Overseas shipments rose 30% in April from a year earlier to almost $49 billion, the Ministry of Finance said in a statement Thursday.
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2 weeks ago | 
bloomberglinea.com | Matt Townsend |James Mayger |Augusta Saraiva |Qilai Shen
Bloomberg — La embestida arancelaria del presidente Donald Trump ha agitado Washington y Wall Street durante casi un mes. Si la guerra comercial persiste, la próxima agitación golpeará mucho más cerca de casa. Desde que EE.UU. elevó los gravámenes a China al 145% a principios de abril, los envíos de mercancías se han desplomado, quizá hasta un 60%, según una estimación. Esa drástica reducción de mercancías procedentes de uno de los mayores socios comerciales de EE.UU.
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2 weeks ago | 
courant.com | Matt Townsend |James Mayger |Augusta Saraiva
By Matt Townsend, James Mayger and Augusta Saraiva, Bloomberg NewsPresident Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate.
