Panjiva Daily: The $2.18 billion cost of retaliation, Xi’s import push and container-lines’ October gloom — Panjiva
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Panjiva Daily: The $2.18 billion cost of retaliation, Xi’s import push and container-lines’ October gloom

Global 1389 Panjiva Daily 723

China’s retaliation against U.S. import duties likely cost American exporters’ $2.18 billion in the month of September alone. President Xi shines a spotlight on China’s import promotion. The container-lines likely had a gloomy October with falling rates. Also: the U.S. trade deficit hit its highest since July 2008 in September; Starbucks is taking advantage of surging Brazilian coffee exports; U.S. logistics employment grew at double the national rate, causing problems for the 3PLs; Trump’s plans for a “great deal” was the center of our most-read research last week; and CMA-CGM has nearl...

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