More US China Tariffs Expected

by | Oct 31, 2018

Accordingly to Bloomberg and a report by economists Citigroup, the next round of duty tariffs to be applied by President Trump are likely to be the costliest yet for US consumers.

The report suggests that the US are preparing to announce further tariff increases as early as December, as the trade war with China continues to rage.

The new tariffs, which could be effective in February, are rumoured to be targeting Chinese-made consumer goods, such as iPhones and branded sports shoes, that have previously been untouched.

The impact of a 10 percent tariff on $267 billion imports could be multiple times larger to consumers than the previously targeted products.

 

 

UniOcean Lines are operating numerous vessel loops from China, including our Trans Pacific, Northern Europe, Australasia and Inter Asian services.

Follow Us:

21st Century Representation

Interested in the many benefits of UniOcean Lines representation? Please complete our online Application Form.

The 21st Century Carrier

Find out how we combine the best of carrier and the best of local services through common goals.

More News…..

2019 Asia North Europe Schedule Launched

The 2019 instalment of the UniOcean Lines Asia Europe Service Directory has just been released, which includes all major inbound and outbound loops and services operating in the trade, being the most comprehensive sailing schedule available on the market. The...

Global Container Growth Rebound

Global container movements increased in volume during 2018 by 4 percent to 146.4 million twenty foot equivalent containers (TEU), which was down on the 5.6% growth that was witnessed the previous year. A slowdown of the global economy, caused by escalating trade...

World’s Busiest Container Port

The port of Shanghai is still the world's largest container port, however, recent data reveals its lead over its closest rival Singapore tightened last year.The famous container port faces the East China Sea and was first opened in 1842. Shanghai port container...

Share This