Box port outlook dims amid trade war clouds
Drewry revises five-year growth forecast from the 5.7% projected in June down to 4.3%, as the prospect of a full-blown trade war between China and the US rises. The analysts also warn that this figure could be trimmed further if the trade spat escalates
The US pursuit of a level playing field on trade has led it to impose a 10% levy on a further $200bn of Chinese imports from next week