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Trade row tariffs' impact on box shipping is negligible, says Cosco

Cosco Shipping Holdings president Wang Haimin says the actual transpacific cargo volume that could be affected by the proposed US tariffs is rather small, but the escalating trade spats have led cargo owners to slowing down the negotiations with carriers for the annual service contracts.

Affected volume on transpacific trade is not significant, but shippers are taking a wait-and-see attitude in contract negotiation

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