A cargo ship is seen at a port in Shandong In December 2018. Photo: AFP

Ships carrying tonnes of US soy, pork and cotton are still on their way to China – but will purchases be honoured as trade war escalates?

  • At least 10 vessels are in transit, with experts saying sales could be cancelled amid flaring tensions
  • 7.4 million tonnes of US soy, 468,000 tonnes of corn, 103,000 tonnes of pork and 704,000 bales of cotton have been sold but not yet delivered
Topic |   US-China trade war: All stories

TOP PICKS

A cargo ship is seen at a port in Shandong In December 2018. Photo: AFP
READ FULL ARTICLE
A directive from US Customs and Border Protection carved out an exclusion to the tariff increase for firms that bought goods before Friday, even if they arrived at American docks or airports after the tariff rise. Photo: AP

As US-China trade war tariffs strike, ships at sea are safe but ‘blackmail’ mood sours at Chinese docks

  • Cargo already bound for the US will not attract the new 25 per cent tariff, provided the importer can prove the goods were bought before Friday
  • US President Donald Trump followed through with his threat to increase the levy on US$200 billion of Chinese goods
Topic |   US-China trade war: All stories

TOP PICKS

A directive from US Customs and Border Protection carved out an exclusion to the tariff increase for firms that bought goods before Friday, even if they arrived at American docks or airports after the tariff rise. Photo: AP
READ FULL ARTICLE