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news@hexbear.netEnglish · 2 months ago

Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet. Overall U.S. imports are at -64%.

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Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet. Overall U.S. imports are at -64%.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to

news@hexbear.netEnglish · 2 months ago

Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet

Canceled freight vessel sailings from China are up and will ripple through the supply chain as the trade war impact on the global economy intensifies.

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KuroXppi [they/them]@hexbear.net
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2 months ago
Because prices to import things are getting unprofitable, due to the tarriffs, companies are not booking ships to move the stuff from China to America.

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