Reported about 21 hours ago
Ocean container lines have expressed optimism about returning to normalized operations following a 90-day tariff pause between the U.S. and China, anticipating increased demand for shipping capacity. However, industry leaders caution that uncertainties in the supply chain, such as vessel availability and production ramp-up times in China, may hinder a quick recovery. The reliance on a long-term agreement to stabilize tariffs and improve predictability in global trade is also emphasized, as existing elevated tariffs still pose challenges.
Source: YAHOO