07
Apr

BIMCO: Dry Bulk Market to Take a Hit from China’s 34% Tariffs on US Goods

BIMCO expects to take a hit from China’s response to the US earlier slap of new tariffs. Chief Shipping Analyst, Niels Rasmussen, on the 34% tariffs on US goods announced by China on Friday: “On Friday, China announced a tariff increase of 34% on all US imports, in retaliation to the new tariffs announced by …