News
Breaking: US Tariffs on China Soar to 145%, China Retaliates by Raising Tariffs to 125%
According to the latest news, on April 10 local time in the United States, the White House clarified that the total tariffs imposed by Trump on China are 145%, instead of the previously stated 125%.
Attention, Cargo Owners! Warning of Indonesia's Customs Clearance "Red Light Period"!
The Republic of Indonesia, as a key country along the routes of the Belt and Road Initiative and also the largest economy in Southeast Asia, its significance is self-evident. According to the latest data, the total population of Indonesia in 2023 is estimated to have reached approximately 278 million, enabling it to firmly rank as the world's fourth most populous country. Such a huge population base not only brings significant demographic dividends to the country but also nurtures a consumer market with enormous potential.
Tariff Wave Hits Global Shipping; US-bound Sea Freight in “Deep Freeze”
Under the thick shadow of the US tariff policies, rumors of "large-scale sailings cancellations by shipping companies" have been rife. It is worth noticing that while the number of voyages on the routes to the United States has sharply decreased, routes such as those between Asia and Europe, Southeast Asia, and South America have shown a growth trend against the current.