US Tariffs Disrupt Global Shipping Industry

US Tariffs Disrupt Global Shipping Industry

The US tariff policy has triggered a trade war, severely impacting the global shipping industry. Sectors like container shipping, car transportation, and energy exports are all affected, leading to increased shipping rates and global economic uncertainty. The goal of revitalizing the US shipbuilding industry is unlikely to be achieved in the short term. Ultimately, consumers and businesses will pay the price for trade protectionism.

Mcminnville Airport RNC Expands Global Air Freight Capabilities

Mcminnville Airport RNC Expands Global Air Freight Capabilities

Troubled by airport codes? West Coast Freight offers McMinnville Airport (RNC) code lookup, along with details for over 40,000 cities and airports worldwide. Our unique Pinyin initial code search rule helps you easily grasp global air freight trends. We also provide air freight tracking, airline inquiries, and other services, making us a valuable assistant for your air freight business.

US Trade Deficit Widens Amid Tariff Disputes Weak Investment

US Trade Deficit Widens Amid Tariff Disputes Weak Investment

Bloomberg predicts the US trade deficit will hit a record high in May, with the total deficit for the first five months far exceeding levels during the pandemic. A surge in exports from several Asian countries to the US is potentially linked to the temporary expiration of US 'reciprocal tariffs.' Uncertainty surrounding tariff policies has led to a decline in foreign investment inflows into the US. Economists warn this could hinder economic growth. The US needs to carefully consider its tariff policies and strengthen international cooperation to mitigate potential negative consequences.