Financial Times on "Demand slump fuelled by Trump tariffs hits US ports and air freight" ...Middle East

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Financial Times on Demand slump fuelled by Trump tariffs hits US ports and air freight

The Financial Times with the info:

The Financial Times is gated, but in brief:

    The Port of Los Angeles, the main route of entry for goods from China, expects scheduled arrivals in the week starting May 4 to be a third lower than a year before, while airfreight handlers have also reported sharp falls in bookings. Bookings for standard 20-foot shipping containers from China to the US were 45 per cent lower than a year earlier by mid-Aprilcost of access to the US market would be the highest since the 1930s

    The FT article has much more detail, if you can access it here is the link.

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    There may be some hop on the horizon:

    Walmart has notified Chinese suppliers to resume shipping goods - report This article was written by Eamonn Sheridan at www.forexlive.com.

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