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20200217-carriers-total

SM Line, PIL realign as competition concerns conclude

Container-lines operating U.S. seaborne import routes saw a 2.7% year over year drop in volumes in January. The 2M Alliance of Maersk and MSC saw the worst performance with the two liners seeing a 7.1% slide in traffic respectively. The Ocean alliance – led by COSCO Shipping – fell 2.1% and Ha... Read more →

20200217-tariffs-total

Trump’s budget indicates major trade war de-escalation

U.S. Treasury income from tariffs climbed by 4.4% year over year in January to reach $6.92 billion. A widening of the tariff base on imports from China was the main reason, with the total income from tariffs on China applied since July 2018 having reached $4.09 billion in January. The Trump ad... Read more →

20200214-china-drugs-countries

Health of Chinese healthcare supplies called into question

Concerns have been raised by President Trump’s chief trade advisor, Peter Navarro, regarding the reliability of Chinese healthcare product supplies to the U.S. in light of the spread of COVID-19 coronavirus. China only supplied 1.2% of America’s $132.2 billion of pharmaceuticals and healthcare... Read more →

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