Shipping Dodges a Bullet as US-China Trade War Tensions Subside

May 22, 2018

A Chinese trade delegation, headed by Chinese Vice Premier Liu He, managed to score a deal in Washington with the U.S. Government representatives by promising to reduce the United States trade deficit with China.

“To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services. This will help support growth and employment in the United States,” the White House said in a statement.

Read More on World Maritime News