Container trade braced for negative growth if US-China trade war persists
- Clarksons warns of zero growth for global box trade if US-China tariffs persist for another quarter — and a ‘material contraction’ if the situation is prolonged further
- Early signs of a slowdown at major US ports emerge, as carriers are cutting capacity to cope with the plunge in Chinese exports
- Beijing signals willingness to resume talks, but insists US must stop tariffs first
The trade negotiations between China and the US will determine the growth prospects of container trade this year
