Imports

A loaded container ship berthed under blue ship-to-shore cranes at a container terminal in Hai Phong, Vietnam, with a small fishing boat in the foreground.

China Says It Shipped America $258 Billion of Goods This Year. America Counted $158 Billion.

From January to July, China reported $258.1 billion of exports to the United States. The US Census Bureau recorded $158.3 billion of imports from China and Hong Kong. The difference, almost $100 billion, is five times its usual size, and a Peterson Institute analysis says tariff evasion is the most likely reason. Vietnam's figures run the other way.

By Alison Acosta 2 hours ago

Container cranes lit up along the Port of Los Angeles waterfront at sunrise, seen across the water from San Pedro, with palm trees and a street in the foreground.

Business

Shipping a Container From Asia to America Costs Four Times What It Did in February. To Europe, the Price Is Falling.

Spot rates for a 40-foot container from the Far East to the US West Coast were $8,346 on 1 October, Xeneta said, up 344 per cent since 28 February. To the East Coast they were $11,523. The same box to northern Europe cost $3,726, and that price has been falling since July. Xeneta's chief analyst says the US rates have now peaked, but will not collapse.

By Cory Chamberlain 2 hours ago

Tagged stories

China Says It Shipped America $258 Billion of Goods This Year. America Counted $158 Billion.

Shipping a Container From Asia to America Costs Four Times What It Did in February. To Europe, the Price Is Falling.