US-CHINA-TARIFF-POLITICS
A view of the Dundalk Marine Terminal (L) and the Seagirt Marine Terminal in the Port of Baltimore on September 21, 2018 in Baltimore, Maryland. - America's ports are fearful that they will be big losers as the escalating trade fight between Washington and Beijing bites business. The anxiety is that tit-for-tat tariffs between the two economic superpowers will crimp shipments, denting port revenues. Kurt Nagle, head of the American Association of Port Authorities, called the state of play "concerning" following the latest back and forth this week between the US and China." The total amount of tariffs and international retaliation affect 10% of the total trade in American ports," or about $160 billion in revenues, Nagle said. (Photo by Brendan Smialowski / AFP) (Photo credit should read BRENDAN SMIALOWSKI/AFP via Getty Images)
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Contact your local office for all commercial or promotional uses. Full editorial rights UK, US, Ireland, Italy, Spain, Canada (not Quebec). Restricted editorial rights elsewhere, please call local office.TO GO WITH AFP STORY by Ali BEKHTAOUI, "US ports fear they will be big losers in trade wars"
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1038182210
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AFP
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September 14, 2017
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