Container Bookings to U.S. From China Are Down by One-Third, Hapag-Lloyd Says
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Shipping company Hapag-Lloyd said container bookings to the U.S. from China have dropped by around one-third since the start of April, when the White House announced steeper tariffs on Chinese goods. “There is substantial cargo from China being held back and a big increase in bookings from Southeast Asia like Thailand and Cambodia,” said Nils Haupt, a spokesman for the German company.
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