The Ledger
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Petersen Predicts US Tariffs Will Expand Beyond China and Vietnam
“I would predict, and I don't have any evidence for this, but my intuition tells me I would predict some tariffs on other countries besides just Vietnam, that a lot of these people think they have a safe haven for their products, but maybe we'll wake up to a ru…”
Petersen: China-to-US ocean freight bookings have dropped 60%
“Yeah, it's a little bit, so like, so you've had a 60% decline in bookings of ocean freight from China to the US. That's resulted in a 25% decline of sailings.”