US Tariffs on Canada and Mexico Enter into Effect; Tariff on China Rises from 10% to 20%

2025-03-09

On March 3, 2025, President Trump issued an amendment to the Executive Order that imposed a 10% tariff on all imports from China (and Hong Kong), changing the tariff rate to 20%. The tariff increase a..

China's power cuts may foreshadow shortages of global goods

2021-10-14

JOE McDONALD and ZEN SOO AP Business WritersBEIJING -- Global shoppers face possible shortages of smartphones and other goods ahead of Christmas after power cuts to meet official energy use targets fo..

US imports: Container ship waits at LA-LB exceed 2014-2015 labor crisis levels

2021-01-27

Eighteen more vessels are slated to call the port complex over the next three days, which is one more ship call than compared with the same period in 2020.The number of container ships waiting to b..

Outlook 2021: No relief in sight for LA-LB congestion problems

2021-01-05

The Los Angeles-Long Beach port complex (pictured) handled record volumes of imports from Asia in August and October. Photo credit: Ken Wolter / Shutterstock.com.This story appears in the print editio..

China to Ease Shortage of Containers

2020-12-07

[12/07/2020]China will increase the supply of containers and tighten monitoring of the shipping market to further stabilize the rising logistics costs in international trade, a government official sai..