Financial news
Home
Knowledge Hub
China to US ocean cargo bookings surge after tariff pause, Vizion says
2025-05-15 08:13:49

LOS ANGELES (Reuters) -U.S. bookings for container transport from China to the United States spiked almost 300% in the wake of the United States and China pausing punishing tit-for-tat tariffs, container-tracking software provider Vizion said on Wednesday.


The average bookings for the seven days ended Wednesday soared 277% to 21,530 20-foot equivalent units from 5,709 TEUs for the average for the seven days that ended on May 5, said Ben Tracy, the company’s vice president of strategic business development said.


U.S. importers slammed the brakes on shipments after April 2, when Trump announced plans to slap 145% tariffs on goods made in China.


That trade restarted after the United States and China on Monday announced a 90-day thaw in their bruising trade war.


The United States said it would reduce tariffs it imposed on Chinese imports in April to 30% from 145%, while China reduced duties on U.S. imports to 10% from 125%.


"We are definitely starting to see the bookings return now that this temporary pause is in effect," Tracy said.


German container shipping firm Hapag-Lloyd earlier on Wednesday said its bookings were up 50% for U.S.-China traffic week on week in the first few days of this week.


When asked about Washington and Beijing’s tariff truce, CEO Rolf Habben Jansen told Reuters: "I expect that there will be additional volume between China and the U.S. That is what we have already seen in the last few days."

CREATE ACCOUNT

×
1
Personal Identification
2
Address Verification
3
Employment & Financial Profile
4
Trading Experience & Risk Awareness
5
Professional Account Eligibility
6
Source of Funds & Compliance
7
Corporate Entity Information
8
Review & Submit

Personal Identification

Please enter a valid email address.
Please enter a valid phone number.
Your password must be 6-20 characters long, contain letters, numbers and special characters, and must not contain spaces or emoji.
Password not match.
This field is required
This field is required
This field is required
This field is required
This field is required
This field is required
This field is required
This field is required
This field is required

Address Verification

This field is required
This field is required
This field is required

Employment & Financial Profile

This field is required
This field is required
This field is required
This field is required
(excluding property) (USD)
This field is required

Trading Experience & Risk Awareness

This field is required
This field is required
This field is required
This field is required

Professional Account Eligibility (Optional)

Source of Funds & Compliance

This field is required

Corporate Entity Information

Complete this section only if you're opening a corporate account

Review & Submit

Please review all information carefully before submitting. You can go back to any step to make changes.
This field is required
This field is required
This field is required

Registration Successful

Your account has been created successfully!