US-China tariff delay does little to stabilise freight demand
The decision to postpone the October 18 scheduled import duty rise on $250bn worth of goods has failed to lift the uncertainty in a ‘mercurial trade environment’ where importers have to assume the worst to avoid rising costs
The latest US-China tariff delay will do little to help stabilise a volatile freight demand environment. Scheduled tariff increases are being consistently delayed as a goodwill gesture while the two sides work toward an agreement
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