“The new tariffs make up 37.3 percent or 4 million TEU of US imports from China and are still subject to public comment and government revision. Along with the $34 billion that went into force July 6, and the $16 billion still pending, the new tariffs bring the potential volume of US imports from China impacted by tariffs to 47.5 percent or 5.1 million TEU, according to an analysis of data from PIERS, a sister product of JOC.com within IHS Markit.” To learn more, see the original story at Journal of Commerce.
Source: Journal of Commerce (JB)
Source: Journal of Commerce