Tariffs News


Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Jun 13, 2025

Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.China is the top U…

US Container Imports Decline in May as China Tariffs bite

Jun 09, 2025

U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump's 145% tariffs took hold, supply chain technology provider Descartes said on Monday.China is the top U…

Orders For US-Manufactured Goods Drop In Light of Tariff Uncertainty

May 27, 2025

New orders for key U.S.-manufactured capital goods plunged by the most in six months in April amid mounting uncertainty over the economy because of tariffs, suggesting business spending on equipment weakened at the start of the second quarter…

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

May 08, 2025

U.S. container imports surged in April as companies raced to avoid President Donald Trump's tariffs, which now include a 145% duty on goods from China, but executives at the country's two busiest ports said the trend looked set to reverse in May…

BIMCO: Dry Bulk Market Supply and Demand Balance Will Weaken in Coming Years

Apr 30, 2025

The tariff increases by the US and China in effect as of April 25 are estimated to directly affect 4% of dry bulk ton mile demand. They are expected to impact the growth of minor bulk cargo volumes, as shipments to the US may stagnate or decrease…

Maersk: All Trans-Pacific Sailings Maintained Despite Tariffs and Trade War

Apr 29, 2025

Maersk said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsising some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.German container…

Strong Container Throughput Limits Downturn at Port of Antwerp-Bruges

Apr 22, 2025

In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period last year. This decline was largely driven by a sharp decrease in bulk volumes, while container throughput recorded growth…

US Waters Down China Ship Fee Plans, COSCO Remains Indignant

Apr 21, 2025

On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U…

US Wants Other Nations to Block Potential China Tariff Work-Around

Apr 15, 2025

U.S. President Donald Trump administration plans to use ongoing tariff negotiations to pressure U.S. trading partners to limit their dealings with China, The Wall Street Journal reported on Tuesday citing people with knowledge of the conversations…

Santos Port Anticipates Trade War Boom

Apr 10, 2025

Brazil's Santos Port Authority, which administers the largest port in the Southern Hemisphere, said the draft of the port will be deepened to attract larger vessels in coming years.Speaking at the headquarters of the Santos Trade Association…

US Importers Hit the Brakes

Apr 09, 2025

So many U.S. companies rushed in goods to avoid President Donald Trump's threatened tariffs that imports soared to near-record levels in recent weeks. Now, retailers and other importers are hitting the brakes, awaiting clarity on where the new duties will land…

Trump to Push Allies to Conform to Chinese Vessel Fee Plans

Apr 09, 2025

U.S. President Donald Trump signed an executive order on Wednesday aimed at reviving U.S. shipbuilding and reducing China's grip on the global shipping industry.Republican and Democratic U.S. lawmakers for years have warned about China's growing dominance on the seas and diminishing U…

USTR Backs Out of Some Proposed Fees on Chinese Ships

Apr 08, 2025

U.S. Trade Representative Jamieson Greer told lawmakers on Tuesday that not all of the agency's proposed multimillion-dollar fees for Chinese-built ships to dock at U.S. ports will be implemented, and they may not be cumulative.Greer told a…

Dry Bulk to Suffer Under China Tariffs

Apr 06, 2025

On Friday, China announced a tariff increase of 34% on all US imports, in retaliation to the new tariffs announced by US President Donald Trump. These are in addition to tariffs implemented in February and March, focusing on goods such as grains…

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