The intensifying trade tensions with China and other global regions have triggered a significant shift in international markets, affecting supply and demand dynamics, particularly evident in ocean freight. Following the tariff announcements, April saw a staggering 60% drop in shipments. In addition, the US has introduced revised port fee structures for Chinese-owned vessels, aiming to revitalize shipbuilding within the Americas. As trade agreements are negotiated, we anticipate a potential rebound, where a lull in demand could swiftly transform into a surge overnight.
To read more:
https://www.cnbc.com/2025/04/22/busiest-us-ports-see-big-drop-in-chinese-freight-vessel-traffic.html
https://www.reuters.com/world/us-considers-adjusting-port-fee-plan-chinese-vessels-after-pushback-sources-say-2025-04-08/
