Economics
Ships Steam to China With U.S. Cargoes as Tensions Escalate
- ‘The risk of possible cancellations just got higher:’ Morrison
- At least 10 bulk carrier cargoes are steaming toward China
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As the U.S.-China trade war escalates, speculation is swirling over whether the Asian nation will honor purchases of American products including soybeans and cotton that are yet to be delivered.
At least 10 bulk carrier cargoes are in transit, while at least one vessel managed to offload its U.S. cargo on the weekend as tensions between Washington and Beijing flared.