Trump's Tariff Threats Trigger Surge in Chinese Exports
Anticipating that President-elect Donald Trump will fulfill his promise of a 25% tariff on all imports from Mexico and Canada and an additional 10% tariff on imports from China, importers are frontloading freight before the tariff wall takes effect in less than two months. Bloomberg reports that international cargo flights out of the world's second-largest economy are ramping up to new records in the weeks after the presidential election. According to the Ministry of Transport data, there were 3,485... Читать дальше...