Ocean cargo bookings from China to the United States have increased by nearly 300 per cent after both countries agreed to suspend reciprocal tariffs for 90 days following negotiations in Switzerland, according to container-tracking service provider Vizion.
Shipping companies have responded positively to the tariff relief.
The rush may lead to supply-chain bottlenecks and a rise in freight costs.
Shipping companies have responded positively to the tariff relief.
The rush may lead to supply-chain bottlenecks and a rise in freight costs.