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…..

US/China Impacts Transpacific Volume

US/China Impacts Transpacific Volume

With discussions continuing on Trump and China's interim trade agreements, volume on the transpacific trade has continued to plummet. This year is expected to see the first full year's decline in trade since the global financial crisis after months of disputes and...

Partnership for Bangkok Port  Terminal

Partnership for Bangkok Port Terminal

PSA Thailand, a wholly-owned subsidiary of the global port operator PSA International, have announced a joint venture to develop and operate the Thai Prosperity container terminal in Bangkok, along with locally based logistics firm SCG. The two companies have formed...

Panama Canal Increases Draft Limit

Panama Canal Increases Draft Limit

After a period of very dry weather, the region around the Panama Canal has recently received enough rain to enable bigger vessels to travel through it.This year's lack of rainfall had resulted in many reductions in the draft size of vessels permitted through the...

Share This