U.S.–China tariff truce sparks export rush amid shipping line cutbacks

Asia’s trans-Pacific shipping corridor—a critical artery linking China and North America—has once again been thrown into uncertainty. The protracted tariff war between the United States and China has already cut shipping volumes nearly in half and sent freight rates plummeting. But following the May. 12 decision by Washington and Beijing to enact a 90-day tariff …

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