What Is Going On Here? Shippers are seeking alternative suppliers outside of China to make up for delays resulting from the continued production standstill in China’s Hubei province caused by the COVID-19 outbreak, according to Freightos. “The share of searches for countries other than China has climbed to more than 17% so far this month,…
Thẻ: China
Ep 5: China to slash tariffs by 50% on $75B of US imports
What Is Going On Here? China will cut tariffs in half on $75 billion worth of imports from the U.S., according to a translation of a statement from China’s Ministry of Finance. The changes will take effect Feb. 14. The move follows the Trump administration’s announcement during the signing of a phase one trade deal to reduce the…
SCM 101 