News Analysis When word broke on May 12 that Washington and Beijing had agreed to a 90-day tariff pause, containers quickly piled up at Shenzhen’s Yantian International Container Terminal, the port that handles more than a quarter of U.S.-bound cargo. U.S. US-China Tariff Truce Triggers Cargo Stampede, Scramble to Diversify Beyond China: Analysts
News Analysis When word broke on May 12 that Washington and Beijing had agreed to a 90-day tariff pause, containers quickly piled up at Shenzhen’s Yantian International Container Terminal, the port that handles more than a quarter of U.S.-bound cargo. U.S.
U.S. investment firm Cerberus Capital Management, which is linked to the Trump administration, has shown interest in taking over the Chinese-leased Port of Darwin. Before the federal election on May 3, both the Albanese government and the federal opposition