US & China Call Trade War Ceasefire then Tensions Escalate
In one country, President Donald Trump and President Xi Jinping ate dinner together and worked out a ceasefire on the trade war between the U.S. and China. In another country, an arrest was [...]
US-China Trade War Saves Carriers’ Year But Future Uncertain
You would think the trade war between the U.S. and China would be nothing but bad for transpacific shipping; however, it may have just saved the year for carriers.
Back in June, we [...]
Hurricane Florence Hits U.S. & Super Typhoon Mangkhat Heading for China
When it comes to international shipping in regards to the U.S. and China, trade war has been dominating the news. But as this week draws to a close, two huge, potentially deadly storms are [...]
China Imports Tariff List (Complete 2nd Tranche)
A week ago, we posted a blog from Universal Cargo's own Cherry Chen outlining the section 301 tariff exclusion process shippers can use to request a one year tariff exclusion on products they [...]
Could the U.S. Be Winning the Trade War with China?
Trade wars are often thought of as lose-lose situations. However, President Trump obviously thinks the U.S. can win the trade war he has ignited with China. And it looks like he isn't alone in [...]
Trade War Back On: Trump Moving Forward with Tariffs on China
Barely more than a week after Treasury Secretary Steven Mnuchin went on Fox News Sunday and said the trade war with China is on hold, the White House announced in a statement today (May 29th) [...]
Trade War w/ China On Hold!
US China Trade War “On Hold” – Happy World Trade Week!
Worried about a trade war with China? Here's some good news.
“We’re putting the trade war on hold,” Treasury Secretary Steven Mnuchin said in an interview on Fox News [...]
60 Tips from 20 Experts on Importing from China
I was recently asked to contribute my top 3 tips about importing from China for a big list of advice to help new shippers to, well, import from China.
Since at Universal Cargo we [...]
Trade Deficit Falls & US, China Trade Talks Continue
The numbers are in from the U.S. Department of Commerce’s Bureau of Economic Analysis for March, revealing a drop in the U.S. trade deficit after six consecutive months of [...]
Trump Delayed Steel & Aluminum Tariffs for Ally Countries But Not China
Uncertainty continues in steel and aluminum related markets as President Trump delayed tariffs on imports of these important materials from select U.S. ally countries.
In a [...]
5 Tips on Starting an Import/Export Business With China
This is a Guest Post by Kate Thora
Shipping Containers at Port Importing ExportingImporting and exporting businesses can be relatively easy to run. On the end of imports, you don’t [...]
Trade War Watch: Is Trump Misunderstanding China?
Judging by President Trump's remarks, and of course that includes tweets, there's been a turn for the better in the potential trade war between the US and China. After tariff threats between [...]
U.S. & China Spiraling Into Trade War?
Trade War Watch: China Ups Retaliation But Markets Relax
China increased its tariff threat against the US this week, seemingly moving China and the US closer to a full-out trade war.
Last week, as we blogged about whether or not the US and [...]
Is the US Entering a Full-Fledged Trade War with China?
From the election of President Trump, there have been worries about protectionist policies and a potential trade war with China because of Donald Trump's promises to decrease the U.S. trade [...]
Xi Jinping Power Grab in China Might Bring Stability for Shippers But Are Your Feelings Mixed?
Many don't know this, but like the U.S. presidency, China's presidency has a two-term limit. However, it appears that is about to change.
According to a CNN article by Kerry Brown, [...]
Oil, Fire & Death: Cargo Ship & Tanker Collide in East China Sea
A fire still burns even though the collision that created it between the oil tanker Sanchi and the cargo ship CF Crystal happened Saturday. BBC News reported that the oil tanker was an Iranian [...]
China Cuts Import Tariffs Creating Big Opportunity for Exporters
Good news is here for U.S. producers and exporters of consumer goods. Last year, the U.S. trade deficit with China was over 300 billion dollars. Here are the numbers from the U.S. Trade [...]