Panjiva Daily: China turns the screws and MSC’s hard work bears fruit for container rates — Panjiva
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Panjiva Daily: China turns the screws and MSC’s hard work bears fruit for container rates

Global 724 Panjiva Daily 249

China has cut import duties on 1,585 products, providing a fiscal stimulus to supply chains that have been impacted by the U.S.-China trade war. Container rates improved more than bunker fuel costs in 3Q following MSC’s move to pass through costs. Also: Surgical robots could provide an early success for the Trump-Juncker process; India dials-down tariffs, for a change; South Korea pours cold water on KORUS for cars; American businesses’ belief in trade bounces higher; Time for trouble as Congressional approval for USMCA is awaited; and the Fed finds tariffs are boosting inflation.

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