Shipping’s Lunar Holiday Cheer Rests in the Hands of Trade Negotiators — Panjiva
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Shipping’s Lunar Holiday Cheer Rests in the Hands of Trade Negotiators

China 3053 Corp - Shipping 1030 Mode - Containerized 1525 Mode - Seaborne 1846 Tariffs 1870 Theme - Rates 240 U.S. 5404

Trade talks between junior-level trade ministers from the U.S. and China this week may provide details on what concessions China may make on commodity purchases and economic policy and whether the U.S. will back away from its tariff-led negotiating strategy. The results will determine whether a wide-ranging deal to suspend the trade war is possible before the Mar. 1 deadline. The talks may have an impact on the fortunes of the container-lines, which had benefited from a prior pre-tariff surge in shipping in 4Q. Container rates for shipping from China to the U.S. have fallen by 13.8% ...

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