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China already locked in trade war of attrition

Container News
China already locked in trade war of attrition

The new US tariffs present a more severe challenge to Chinese shipping than those imposed during 2016–2020, due to their broader scope, direct targeting of vessels, and a less favorable global trade environment.

Chinese shipping companies are bracing for significant financial setbacks, as the new wave of tariffs introduced by U.S. President Donald Trump threatens to disrupt international trade on a wide scale.

Container shipping lines heavily reliant on Chinese exports are expected to be among the hardest hit, according to Bloomberg Intelligence analyst Kenneth Loh.

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The post China already locked in trade war of attrition appeared first on Container News.

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