The historical course of CN-US trade relations
1.Prior to 1979: isolation and initial contact
1949-1972: After the founding of the People's Republic of China, China and the United States had little trade due to the Cold War and ideological opposition.
1972-1979: After Nixon's visit to China, relations between the two countries eased and trade began to recover, but on a limited scale.
At present, the countries with the largest export volume of China are mainly concentrated in the following regions and countries
1. United States
Main export commodities: electronic products, machinery and equipment, textiles, furniture, toys, etc.
Trade volume: The United States is China's largest single country export market, and the bilateral trade volume is huge.
The general state of Sino-US trade
1. At present, China's main products in the United States:
Electronic products: smart phones, computers, home appliances, etc.
Mechanical equipment: industrial machinery, motors, engines, etc.
Textiles and clothing: including clothing, footwear, home textiles, etc.
In 2025, the United States will impose tariffs on China
1. On February 1, US President Donald Trump signed an executive order imposing a 10% tariff on Chinese imports.
2. The US policy of imposing 25% tariffs on Chinese steel, aluminum products and related derivatives will take effect on March 12.
3. On February 28, Trump announced that from March 4, tariffs on China are expected to be increased by 10%.
How do I get a DDP quote?
How can FOB/CIF customers cope with surging US tariffs?
CIF (Cost, Insurance, and Freight), FOB (Free On Board) and DDP (Delivered Duty Paid) are common delivery terms in international trade, which specify the liability, cost, and risk division of the buyer and seller in the transportation of goods. Here's how they differ:
How to reduce cross-border logistics and freight costs?
Suez Canal Expansion: A New era of global cargo shipping trade
Traffic along Egypt's Suez Canal almost came to a standstill last year. The Suez Canal Authority recently achieved an important milestone by successfully completing tests of a new expansion project that introduces a 10-kilometre two-way traffic corridor at the southern end of the canal. The development is expected to significantly increase the canal's capacity, which is vital for global logistics and cargo shipping trade. According to DynaLiners, this expansion is more than just a technical achievement; It represents a strategic strengthening of one of the world's most important sea routes.
Container rates: Near the Chinese New Year and strike negotiations, freight rates immediately plummeted
In 2024, container freight prices continue to rise and remain high. shipping freight rates suddenly fell sharply after the strike talks. Labour disputes have been a source of tension in the shipping industry, causing disruption to operations and a consequent drop in freight rates. The decline in freight rates has raised concerns among industry stakeholders, as volatility in freight rates could affect the stability of the supply chain and the overall market. However, China has been closed in recent years, and the production of goods has stopped, which should also be a major factor leading to the decline of freight.
Learn about cargo shipping: DDP mode and benefits
cargo shipping is an important part of global trade, facilitating the movement of goods between different distances and different modes of transport. Freight is divided into four main categories: air transport, truck transport, rail transport and sea transport. Each mode of transport has its own unique advantages and can be selected based on factors such as cost, speed and the nature of the goods.