After years of tit-for-tat tariff hikes, the United States and China have stepped back from the brink, but they have not gone back to “normal.” Recent gestures following talks between President Trump and President Xi in Busan, South Korea, have cooled the temperature, trimmed some tariffs, and paused a few escalation triggers. Yet for shippers, importers, and exporters, landed costs on China–US trade lanes remain … Read More

