Are Shippers Ready for $10,000 Per 40-Foot Container Rates from Asia?
MTS Logistics
MAY 20, 2025
Last week, the Trump Administration announced a temporary reduction in tariffs on Chinese goods, reducing them from 145% to 30%. At the same time, China agreed to lower its tariffs from 125% to 10%. These changes are set to remain in effect for 90 days, as both countries (and global markets) aim to finalize a long-term agreement during this window. How will these tariff adjustments affect freight rates for imports from Asia, particularly China?
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