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US-China tariff impact shipping

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2025
DATE
07 - 31
Why Are Global Shipping Rates Plunging? SCFI Falls for 7th Week Amid Tariff Uncertainty
SCFI drops 3.3% to 1592.59, marking 7-week decline as US-China tariff fears and weak demand pressure rates, with carriers canceling 175K TEU capacity to stem losses.
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