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Increasing freight costs, container shortages threaten exports: GTRI


Increasing freight costs, container shortages threaten exports: GTRI

Increasing freight costs, container shortages threaten exports: GTRI

He added that there had been unverified reports of China hoarding containers to maximize its exports to the US and Europe ahead of potential trade restrictions and a hike in duties on solar panels, electric vehicles, steel and aluminium manufactured by Chinese firms located in China or elsewhere like in ASEAN (Association of Southeast Asian Nations) countries.