[Manthink]

 



https://nypost.com/2025/05/09/business/c...ic-report/

[maxsanic]

 



https://nypost.com/2025/05/09/business/c...ic-report/

The situation must be really dire for Trump to backtrack so unceremoniously, he folded like origami after just 3 days of talks with China and reverted everything back to pre-Liberation day. This is as good as an unconditional surrender to the Chinese and will have broad geopolitical implications to the US for years, if not decades, to come.

[Manthink]

 

German container shipping group Hapag-Lloyd has cancelled 30% of China-to-US bound shipments, according to a spokesperson.
Swiss shipper Kuehne + Nagel International said some trades had stopped completely, while it expected a 25 to 30% drop in bookings from China to the US, chief executive Stefan Paul told investors on a conference call. 

In the meantime, executives in China are turning away from the US market.  A tally of rates across global routes has also softened....Shippers are also contending with US measures beyond the barrage of tariffs, adding a further layer of complications.  These include the ending of a tax exemption for small shipments, as well as a potentially disruptive plan to charge hefty fees on large Chinese ships calling at American ports.

https://www.straitstimes.com/business/co...g-industry

[Manthink]

Those who love to hate China until they keep promoting that MIC = "Cheap & Lousy quality" story.

Irony is Trump's Tariff against Chinese imports just help WAKE UP many Americans the reality and see this is no longer a joke when they struggle to pay more $$$ expensive Temu or Toubao online orders...

[Manthink]

More Americans, including the well-to-do ones, turn to food bank for help as basic food like egg price spikes.

The inflation now spreads into the "middle income" with double-income families across the USA, many still loaded with credit-card debt, student loans and property mortgages.

[maxsanic]

Those who love to hate China until they keep promoting that MIC = "Cheap & Lousy quality" story.

People who claim MIC = Cheap + Lousy show more about their own SES status than anything else.

China makes a whole gamut of items from luxurious to super low budget types. If you find somehow all the China made stuff you have are poor quality, then it is likely that's because you cannot afford the expensive ones.