Breakbulk carriers and shippers hope the threatened US steel tariffs are merely a negotiating tactic, but if they prove to be more than that an incipient US-China trade war would occur just as the industry appears to be on the verge of a recovery from a long slump.
United States Trade Policy
05 Apr 2018
Neither country has listed a deadline for tariff implementation, hence the situation remains dynamic and fluid. However, key analysts are formulating worst-case scenarios.
03 Apr 2018
Steel and aluminum are important cargoes at US ports on the Gulf, East, and West coasts and the Great Lakes.
19 Feb 2018
To cite the late, great writer Mark Twain, the reports of the North American Free Trade Agreement’s death are greatly exaggerated. Shippers and transportation providers looking past the noise of mainstream reporting see reason for optimism in 2018 for the world's largest trilateral trade pact.
23 Jan 2018
The Trump administration announced the tariffs Monday in response to complaints from US-based manufacturers that foreign competition was unfairly flooding the US market with cheap imports.
12 Jan 2018
There is hope for the steel sector in the form of a macroeconomic tailwind: beneath the fog of politics, steel trade volume depends on underlying demand, which analysts predict will rise modestly in 2018.
01 Nov 2017
President Donald Trump’s nominee to head the US Export-Import Bank has described the bank as “corporate welfare” that should be abolished.
18 Sep 2017
"You just find an export credit agency in another country. When that happens, the supply chain leaves the United States and goes to that other country.”
08 Feb 2017
China's tariffs on US DDGs is killing exports of this important containerized commodity.
18 Jan 2017
A trade war between the United States and China will have no winners, the Chinese president told world leaders in Davos.
05 Dec 2016
The Port of Virginia hopes the expansion of a nearby foreign trade zone will make the port more attractive to shippers.
20 Nov 2016
Shippers face a brave new world in which they try to gauge whether new Trump administration will make good on its promises to deliver $1 trillion in infrastructure investment, reset trade deals, and repeal regulation.
21 Oct 2016
The 2016 US presidential election has been fraught with divisive discourse and reality television-style drama, but the top two leading candidates appear to actually agree when it comes to matters of transportation infrastructure and trade.
31 Jul 2016
U.S. freight projects this year received their lowest share ever from the TIGER federal grant program.