For the past few months, the U.S. and China have been in a battle of tariffs- a trade war. Set to begin on January 1st, President Trump has imposed tariffs on nearly $34 billion in Chinese goods.
So, what does this mean for the shipping industry?
West Coast ports in particular could be affected by these tariffs the most. Nearly 15% of cargo coming into these ports are directly from China. Although the U.S. and China have reached a 90 day truce regarding the matter, the future of trade between the two is uncertain. This poses the question, what happens next?