U.S.-China tariff pause likely to prompt scramble for businesses to deliver rerouted goods, experts say


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province on April 17.Ng Han Guan/The Associated Press A temporary U.S.-China tariff deal will send businesses scrambling to clear freight from bonded storage yards, warehouses and ships that was previously rerouted to third countries such as Canada or held back to avoid levies, experts say. They also expect Monday’s agreement, which offers a 90-day reprieve from the latest round of sky-high reciprocal tariffs between the U.S. and China, to drive up global transportation costs and create...