Revisiting Tariffs on Imports from China
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No one probably predicted 50-75 years ago that Bangledesh would be a "superpower" in making clothes for the world.
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The number of canceled sailings of freight vessels out of China is picking up as ocean carriers attempt to manage a pullback in orders due to the trade war and tariffs.
A steep decline in containers being shipped to the U.S. will have a big impact on the supply chain, from port to trucking, rail and warehouse economics.
"We won't go to zero containers, but we will see a decrease in containers and as a result, in the future we will see a massive raft of blank sailings announced," one freight expert tells CNBC.U.S. importers are being notified of an increase in canceled sailings by freight ships out of China as ocean carriers try to balance the pullback in orders resulting from President Trump's tariffs and the escalation of tensions in the trade war.
A total of 80 blank, or canceled, sailings out of China have been recorded by freight company HLS Group. It wrote in a recent note to clients that with the trade war between China and the U.S. leading to a demand plummet, carriers have started to suspend or adjust transpacific services.
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File this under “Trump as a cultural phenomenon,” I guess. Just some online e-commerce platform researcher’s observations on how China’s e-commerce people view Trump:
https://www.nytimes.com/2025/04/16/opinion/trump-tariffs-china-ecommerce.html
In China, one of many nicknames for President Trump is Chuan Jianguo. It literally translates as “Trump the Nation Builder.” … The joke is that Mr. Trump … is diligently advancing Chinese interests by causing chaos in the United States.
So perhaps it makes sense that so many Shenzhen merchants seem to admire Mr. Trump as a businessman, if not as a leader. Their affection, as I understand it, is complicated, as their admiration is now tempered with upset at his new tariff regime. ... But many share a sense that, however painful they may be in the short term, the tariffs will eventually spur China to assume its rightful place as the world’s leader and the beacon of a new phase of globalization that’s no longer centered on America.
And then there is this:
On Taobao, a Chinese domestic e-commerce platform, you can buy a ceramic statue of Mr. Trump to bring good luck to your business.
Search for “xitian dongfo trump” if you want to find one on Amazon. Though the versions on Amazon would more likely be resin rather than ceramic.
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Maybe Nigeria can export its culture to the rest of the continent. I mean, I don't know anything about Nigerian culture, other than how well its representatives do in the west, but I'm assuming.
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As good a place as any to put this article
https://www.aol.com/finance/huge-decline-la-port-hit-094500870.
On Thursday, the founder of a media firm that tracks shipping trends reported that daily volumes this week are equivalent to Thanksgiving and Christmas Day—the two slowest shipping days of the year. The founder, Craig Fuller, also warned truckers to avoid hauling shipments to Los Angeles since they would likely have to “deadhead” back home—the industry term for driving an empty load
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Nuther thing that is landing is that on Friday, the de minimus (items less than $800) is eliminated which means that a huge amount of trade that was excaping the tariffs will be affected - only about a gazillion pieces per year. It will affect a lot of businesses.
