U.S. probe finds China unfairly dominates shipbuilding
“The report provides a fresh cudgel for the incoming administration to hammer China, and could pave the way for tariffs or port fees on Chinese-built vessels, as proposed by the unions. Such a move would likely come after a public comment period.”
[Reuters]
Mexico's Sheinbaum lays out plan to cut Chinese imports
“Mexico plans to boost its position using trade agreements, tariff policies and strengthening customs enforcement, a government presentation showed.”
[Reuters]
Canada targets raft of U.S. goods for tariffs
“As with the retaliatory tariffs Canada levied on the United States during the first Trump administration, Ottawa is trying to carefully select American goods in a manner that minimizes, where possible, the impact on Canadian consumers but maximizes political pain for U.S. decision-makers.”
[The Globe and Mail]
Container shipping from Asia to the U.S. just got more expensive
“Asia-U.S. West Coast prices increased 23% to $5,929 per forty-foot equivalent unit for the week ended Jan. 3. Asia-U.S. East Coast rates were up 13% to $6,934 per FEU.”
[FreightWaves]
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