With a minimum 145% tariff on all goods from China, many US importers are canceling orders and pausing shipments in hopes that direct negotiations – which have not officially begun yet – between the two countries will result in de-escalation and lower tariffs soon. In the meantime, reports on the drop in China-US ocean freight […] The post Freightos Update: China volumes fall as demand climbs from South East Asia appeared first on Container News .