🚢📈 Surge in Shipping Prices Across the Pacific Ocean

- Following a 90-day reduction in tariffs between the USA and China, shipping rates have increased by 40%.

- Demand is at a record high: importers are trying to beat the potential return of high tariffs.

🔴The increase in shipping costs may impact consumer goods prices in the USA and cause additional inflationary pressure #TradeLessons #trade #Logistics #EconomicEvolution #USA