Chinese ships entering US ports have fallen by more than 90 percent since January, according to new data from maritime analytics firm Pole Star Global. The collapse underscores how quickly trade between the world’s two largest economies is deteriorating amid rising tariffs and new port fees.
Pole Star says the number of Chinese vessels entering the United States dropped from 1,678 in January to just 156 so far in October (as of October 14th), following the introduction of reciprocal port fees and the renewed threat of tariffs from the Trump administration.
Saleem Khan, chief data and analytics officer at Pole Star Global, says: “We are seeing Chinese vessels that are being screened by our customers nearing zero. [Read more…] about Chinese shipping to the US collapses by 90 percent amid Trump tariff threats and higher port fees