US Retailers Rush China Orders

by | May 14, 2018

United States retailers are currently rushing to import merchandise from China to avoid the prospects of billions of dollars of extra taxes being incurred on Chinese products.

With proposed tariffs yet to be officially imposed by Trump’s administration, retailers are effectively stocking up on products that could soon cost considerably more.

The net impact of the rush has resulted in a 6-7% percent increase in containerised traffic between China and the United States in April, when comparing to the same month last year.

During March, Trump directed the US trade representative to level tariffs on about $50 billion worth of Chinese imports following an investigation into intellectual property theft. He followed this up with threats of a further $100 billion after China retaliated to the initial directive.

Volumes are expected to continually grow throughout the summer on the Trans-Pacific route as retailers continue to stock up, and at least until the tariffs are confirmed.

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