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US businesses rush to place orders after trade talks, highlighting ‘irreplaceable quality of Chinese products’

Quotes

    • 88:88
      The 30 percent tariff from China is better than 145 percent, but is still very significant. This is on top of other tariffs that were previously in place from China. Many companies are releasing shipments that were completed, but being held in China,
      Global Times China
      Greenspon said
    • 88:88
      I'm glad that both countries finally agreed to talk to each other about this important topic. While the temporary decrease in tariffs is helpful - 30 percent is far better than 145 percent - there are still unintended consequences like the freight shipping rates that will skyrocket for the rest of May,
      Global Times China
      Jamey Stegmaier, co-founder of Stonemaier Games, told the Global Times on Thursday
    • 88:88
      Tariff reductions align with the interests of American industries. China-US cooperation benefits both countries and responds to global expectations. At its core, the economic and trade collaboration between China and the US remains mutually beneficial and win-win in nature,
      Global Times China
      Gao said
    • 88:88
      The 90-day pause and reduction of tariffs between the US and China is welcome news for consumers, American businesses, workers and the supply chain. Even with this announcement, tariffs remain elevated compared to April 1,
      Global Times China
      Los Angeles Port Executive Director Gene Seroka said in a statement sent to the Global Times on Thursday
    • 88:88
      Wang Li (linguist)
      I knew it would come. But it still kind of overwhelmed me when it finally came. Four new orders totaling $300,000 placed on May 13! This single day sales figure equates to half a month of sales revenue in usual times,
      Global Times China
      Wang Li, general manager at Shenzhen Maigijia Home Co, told the Global Times on Thursday
    • 88:88
      Market demand has surged almost overnight. We're seeing a short-term shipping boom, but capacity has not fully recovered yet,
      Global Times China
      Zhong said
    • 88:88
      The average bookings for the seven days ended Wednesday soared 277 percent to 21,530 20-foot equivalent units from 5,709 TEUs for the average for the seven days that ended on May 5,
      Global Times China
      Reuters reported, citing Ben Tracy, container-tracking software provider Vizion's vice president of strategic business development
    • 88:88
      The surge in orders from American businesses received by Chinese foreign trade enterprises following the China-US joint statement first and foremost highlights the irreplaceable quality of Chinese products. This also demonstrates that tariff reductions serve the interests of both nations,
      Global Times China
      Gao Lingyun, a researcher at the Chinese Academy of Social Sciences in Beijing, told the Global Times on Thursday
    • 88:88
      What is even more unbelievable is some clients are asking for air freight delivery! This has never happened before,
      Global Times China
      said Wang, whose company sells "heavier" household-related goods that are usually sent out by ship
    • 88:88
      Nor do these 'deficits' inflict damage on the US economy,
      Global Times China
      the letter read
    • 88:88
      To avoid further uncertainty and disruption of trade, both sides should work together swiftly toward a long-term agreement. Additionally, it's important for the US to work with other nations to reduce existing tariffs,
      Global Times China
      according to the port's statement
    • 88:88
      The outlook for global container demand over the remainder of the year remains highly uncertain, shaped by a rapidly evolving trade policy landscape and increasing recession risks in the US,
      Gulf News
      Maersk said
    • 88:88
      With the new deadline looming, we’re likely to see a front-loading of shipments, leading to an early start — and potentially an early fade — of the ocean freight peak season this year,
      Gulf News
      said international freight booking platform Freightos in its weekly report
    • 88:88
      This dramatic rise reflects a rush to ship goods before any new tariffs kick in after the 90-day window,
      Gulf News
      said Ben Tracy, Vizion’s vice-president, in an online statement on Wednesday
    • 88:88
      Since the agreement was announced, we have seen an increase in bookings for our trans-Pacific services,
      Gulf News
      the company said on Tuesday
    • 88:88
      The tariff war has delayed back-to-school shipping by a month. But it’s not like school districts can delay school by a month,
      Reuters
      Lamar said
    • 88:88
      We are booking containers and some of our goods are already on the way to Shenzhen port. In recent months there were fewer cargo buses on the road but today ... there is a traffic jam on the way to the port,
      Reuters
      said Liu, who serves customers including Walmart, the biggest single importer of container goods into the United States
    • 88:88
      Right now we're looking at the last orders that would go in for back-to-school, and maybe some lingering orders for summer fashion. So that's really tight,
      Reuters
      Seroka said
    • 88:88
      Once the tariff cut was announced, our clients said 'we are in go-go-go mode,'
      Reuters
      said Izzy Rosenzweig, CEO of Portless, which counts swimwear brand Hapari, and bug repellent maker NatPat among its clients
    • 88:88
      It has been super busy these two days,
      Reuters
      said Liu, a toy manufacturer from the export hub of Dongguan in Southern China, who declined to give her full name for privacy reasons