In just a few days, the break was complete. The previous clashes between the two leaders of the world, who for a long time remained of a rhetorical nature, suddenly gave way to a significant fracture. The trade, which had maintained the interdependence of the United States and China, suddenly stopped. In recent weeks, the porches in the port of Shanghai, the largest in the world, have rushed to load as many containers as possible in ships bound for the United States, to obtain them before they fall prey to the tariffs promised by the president of the United States, Donald Trump.
This race against time ended on Thursday, April 10, the day after Trump’s prohibitive tariff CaixinThe most independent and respected magazine in the country. Since then, in the two largest port terminals in Shanghai, one located in the Yangtze river estuary and the other on an island about 30 kilometers on the coast, there are almost no ships that have load tasks destined for the United States.
The containers that could not be sent before April 10 remained trapped at the docks, and their owners have been struggling to find alternative markets. Drewry, a shipping consulting firm whose data is considered authorized, predicted that transfers that represent 53% of the transport capacity between China and North America will be canceled in the next five weeks. “It is clear that the volumes will decrease,” added Maria Lee, an expert in mobility and logistics in Sia Partners, “but it is difficult to make forecasts because there is no economic justification in the US decision.”
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