The Financial Times with the info:
The Financial Times is gated, but in brief:
- The Port of Los Angeles, the main route of entry for goods from China, expects scheduled arrivals in the week starting May 4 to be a third lower than a year before, while airfreight handlers have also reported sharp falls in bookings.
- Bookings for standard 20-foot shipping containers from China to the US were 45 per cent lower than a year earlier by mid-April
- cost of access to the US market would be the highest since the 1930s
The FT article has much more detail, if you can access it here is the link.
***
There may be some hop on the horizon:
This article was written by Eamonn Sheridan at www.forexlive.com.