Panjiva Daily: Trade war stakes still high, Pemex’s port problems and PVH trims Bangladesh buying — Panjiva
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Panjiva Daily: Trade war stakes still high, Pemex’s port problems and PVH trims Bangladesh buying

Global 724 Panjiva Daily 249

China’s decision to temporarily cut tariffs on automotive imports helps BMW and Tesla but doesn’t change the long-term stakes in its trade war with the U.S. Pemex is struggling with port congestion. PVH is cutting its reliance on Bangladesh while H&M increases it. Also: California’s ports have seen a drop in containerized freight handling; India has postponed its steel retaliation for a fourth time; India has joined South Korea and China in suffering slower trade growth; Singapore’s port activity has slowed with oil only partly to blame; Sinopec will shortly ...

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