TOKYO/HONG KONG -- The opening of a 90-day trade window after the world's two largest economies slashed import tariffs is pushing up trans-Pacific freight rates and the share prices of regional shipping companies as American merchants rush to stock up on Chinese products.
Trump tariffs
Trans-Pacific freight rates set to recover as tariff window opens
US importers jump at opportunities offered by the 90-day truce
The shares of some shipping companies listed in Hong Kong have rebounded by double digits in recent days following the trade war truce between the U.S. and China. © AP
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