China to US ocean cargo bookings surge after tariff pause, Vizion says

Reuters

Wed, May 14, 2025, 3:27 PM 1 min read

LOS ANGELES (Reuters) -U.S. bookings for instrumentality transport from China to the United States spiked astir 300% successful the aftermath of the United States and China pausing punishing tit-for-tat tariffs, container-tracking bundle supplier Vizion said connected Wednesday.

The mean bookings for the 7 days ended Wednesday soared 277% to 21,530 20-foot equivalent units from 5,709 TEUs for the mean for the 7 days that ended connected May 5, said Ben Tracy, the company's vice president of strategical concern improvement said.

U.S. importers slammed the brakes connected shipments aft April 2, erstwhile Trump announced plans to slap 145% tariffs connected goods made successful China.

That commercialized restarted aft the United States and China connected Monday announced a 90-day thaw successful their bruising commercialized war.

The United States said it would trim tariffs it imposed connected Chinese imports successful April to 30% from 145%, portion China reduced duties connected U.S. imports to 10% from 125%.

"We are decidedly starting to spot the bookings instrumentality present that this impermanent intermission is successful effect," Tracy said.

German instrumentality shipping steadfast Hapag-Lloyd earlier connected Wednesday said its bookings were up 50% for U.S.-China postulation week connected week successful the archetypal fewer days of this week.

When asked astir Washington and Beijing's tariff truce, CEO Rolf Habben Jansen told Reuters: "I expect that determination volition beryllium further measurement betwixt China and the U.S. That is what we person already seen successful the past fewer days."

(Reporting by Lisa Baertlein successful Los Angeles, editing by Deepa Babington)