Why Biden Will Likely Follow Through on His Threat to Triple Tariffs on Chinese Steel and Aluminum

In a speech, yesterday, to union workers in Pennsylvania, President Biden called for U.S. trade representative Katherine Tai to consider tripling tariffs on Chinese steel and aluminum if her [...]

Houthi Attack on Ship Kills 3 – Ocean Shipping Balanced “at Maximum Capacity” and Vulnerable

The situation in the Gulf of Aden and Red Sea, forcing ocean freight carriers to route ships away from the Suez Canal, got worse yesterday (Wednesday, March 6th). Antisemitic, Iran-backed Houthi [...]

Good News for Shippers in Wake of Red Sea Attacks & High Freight Rates

Anti-Israel, Iranian-backed Houthi rebel attacks on container ships in the Red Sea. Freight rates spiking. Cargo delays. That's what has dominated international shipping news over the last few [...]

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