
US threat to impose tariffs on China imports likely to push up rates
US President Donald Trump's threat to impose a 10 per cent tariff effective from September 1 on the remaining US$300 billion of imports from China that have not already been hit by tariffs has prompted Drewry to predict a 'a brief spike in transpacific freight rates, specifically to the US west coast as the quickest route to market in the first half of August'