Top

Tag: Tariffs


Shipping

Port of Long Beach Boast 2nd Busiest Year

January 23, 2020

Via: World Maritime News

The figures point to a decrease of 5.7 percent from the record-setting pace logged in 2018. Trade tensions and tariffs were among the key factors impacting trade at U.S. ports over the past year, however, volumes managed to remain steady. […]


Shipping

Imports at Top US Ports to Return to Normal After Year of Tariff Surges

January 13, 2020

Via: World Maritime News

“We’ll be more confident after we see the Phase One agreement signed, but right now 2020 looks like it should be back to what used to be normal,” Jonathan Gold, NRF Vice President for Supply Chain and Customs Policy, said. […]


Impact & Regulations

Trade War Turns Seasons Upside Down for Truckers at L.A. Port

December 20, 2019

Via: Transport Topics

It should be the busiest time of year for truck drivers like Gerald Rogers at the Los Angeles docks. Instead, they’re scrapping over leaner cargoes thanks to the trade war. Rogers, 35, said last year he was shuttling as many […]


Impact & Regulations

US, China Finalize Deal to Suspend December Tariffs

December 16, 2019

Via: World Maritime News

Speaking on December 13, Donald Trump said that the agreement will stave off further tariffs, keeping them at 25 percent for USD 250 billion worth of US imports from China. The move comes on the back of the tentative agreement […]


Impact & Regulations

China Wants US to Drop Tariffs on $360 Billion of Imports for Trade Deal

November 5, 2019

Via: Transport Topics

China is seeking the rollback of U.S. tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the U.S. to sign a partial trade deal with President Donald Trump, according to people […]


Impact & Regulations

Trump Reaches Partial Deal with China, Delays Tariffs

October 14, 2019

Via: World Maritime News

Namely, the U.S. President, Donald Trump, said that the deal with China means that “they will immediately start buying very large quantity of our agricultural product, not wait until the deal is signed over the next 3 or 4 weeks.” […]


Shipping

Federal Reserve Finds Wide Tariff Anxiety

September 5, 2019

Via: Transport Topics

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve. The anxiety about protectionism was broad geographically and across industries as pricing difficulties, […]


Shipping

NRF: Retail Imports Remain at Near-Record Levels Despite Tariffs

August 9, 2019

Via: World Maritime News

“Even with virtually everything American imports from China soon to be subject to tariffs, it isn’t quick or easy for retailers to change their supply chains,” Jonathan Gold, NRF Vice President for Supply Chain and Customs Policy, said. “That means […]


Shipping

Georgia Ports Chief Warns Chinese Tariffs Could Cost State Millions

June 24, 2019

Via: Transport Topics

WASHINGTON — The head of the Georgia Ports Authority is warning that the Trump administration’s latest round of proposed Chinese tariffs could take a nearly $18 million bite out of the state’s booming ports. The White House is mulling whether […]


Shipping

Moody’s: Latest China Tariffs to Negatively Impact Port, LNG Sectors

May 24, 2019

Via: World Maritime News

On May 13, China announced an increase in retaliatory tariffs on USD 60 billion of imports from the US as part of the escalating trade dispute between the two countries. The tariffs will jump to 20%-25%, effective June 1, from […]


Shipping

US Container Imports Still Strong as Tariff Increase Approaches

February 13, 2019

Via: World Maritime News

Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, the National Retail Federation (NRF) and Hackett […]


Shipping

LA-LB port warehousing nears limits

February 1, 2019

Via: JOC

The front-loading of spring merchandise in November and December to avoid threatened tariffs on Chinese imports has made the Los Angeles-Long Beach port complex a virtual warehouse, highlighting how industrial space pressures will only rise this year. The recent development […]


Impact & Regulations

EU threatens $23B in tariffs if Trump taxes cars

January 23, 2019

Via: The Hill

The European Union said Wednesday that it will retaliate with nearly $23 billion in tariffs if President Trump puts taxes on imported EU cars and auto parts. Jean-Luc Demarty, director general for trade in the European Commission, told the European […]


Impact & Regulations

Trump Signals US Is Likely to Proceed With China Tariff Increase

November 27, 2018

Via: Transport Topics

President Donald Trump said he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, indicating he would also slap duties on all remaining imports from the Asian nation if negotiations with China’s leader Xi Jinping […]


Impact & Regulations, Shipping

US Ports Urge Gov’t to Consider Bad Impact of Trade Tariffs

August 24, 2018

Via: World Maritime News

In testimony on August 24 before the United States Trade Representative (USTR) in Washington, D.C., AAPA will reflect on disadvantages of the recently imposed tariffs, including the effects of likely retaliatory responses. “The impact of expanding Section 301 tariffs on […]


Impact & Regulations, Shipping

NRF: US Imports Set Records ahead of New Tariffs

August 10, 2018

Via: World Maritime News

Imports at major retail container ports in the US have set two new records this summer and are expected to set another one this month on the back of a rise in retail sales as retailers rush to bring merchandise […]


Shipping

NRF: US Container Imports to Hit Record despite Tariffs Debate

June 8, 2018

Via: World Maritime News

Ports covered by Global Port Tracker handled 1.63 million TEU in April. That was down 5.8 percent from March and up 0.3 percent year-over-year. “Despite an environment where the U.S. administration is enacting measures that could well lead to a […]