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The US moves to rapidly rule the waves

Insights

• Ending China's current dominance of maritime commerce is now a major aim of the Trump Administration.
• China manufactures ** per cent of all shipping containers.
• US Trade Representative is urging port entry surcharges of up to $** per net ton.
• American Apparel & Footwear Association fears runaway consumer prices.
• This may push retailers to diversify sourcing and routes.