China isn’t about to let its export market go belly-up. Instead, it will do what it always does – pump money into its industries to soften the blow of U.S. tariffs.
FreightWaves’ State of Freight webinar suggests U.S. consumers could help boost the freight marketplace during the holidays.
FreightWaves’ State of Freight webinar suggests we’ll see more trucking companies leave the market in 2024, creating more equilibrium between shippers and carriers.
Chinese imports have fully recovered. Does this mean the domestic trucking market will see a similar outcome?
Americans for Free Trade, which represents more than 100 trade organizations, said eliminating existing U.S. tariffs on Chinese goods would boost the American economy by $75 billion during the COVID-19 crisis.
The Chinese government said the tariff reductions will help expand imports of key consumer products.
