1/2 of container shipping from China to US now cancelled.
-
1/2 of container shipping from China to US now cancelled. Wow.
"The shipment situation in China is changing rapidly and we have just come to learn (in the last hour) that many carriers such as COSCO and ONE have now cancelled more than half their sailing from weeks 16 (this week) to week 18 for North America which has never happened before
Cargo exempt from tariffs is very limited (basically phones) and Trump has already suggested that this may be short-lived." (from reliable email)
-
G gustavinobevilacqua@mastodon.cisti.org shared this topic on
-
I hope the ships crews don't lose their jobs: they often come from poor countries.
-
@GustavinoBevilacqua @brewsterkahle If the last shipping kludge is any clue, they'll end up in "ghost fleets" being paid to idle on their ships waiting for news with varying ability to go ashore.
-
@GustavinoBevilacqua @brewsterkahle friend I’m not sure if you’ve noticed, but the USA is also a poor country now. We have a handful of ultra wealthy people, then there were corporations, and the rest is poverty, though a whole bunch of people pretend they’re not poor because they pay $1000 a month car payments, but that’s poverty right there. Nobody who is actually well off with sign up for something like that.
