Ocean Network Express had a challenging start to its operations, with a 20% drop in volumes in April. Consultations regarding President Trump’s China duties to continue, with exporters following two distinct strategies. China meanwhile looks to unblock the RCEP impasse. Also: President Trump will announce a new healthcare policy that may have a trade component; Yang Ming seeks to offset collapsed earnings with an alliance; blame Brazil for declining global coffee suppliers; steel wheels will be investigated; the timing of U.S.-China negotiations has become less certain; and NAFTA may end...
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