With the official end of the US presidential election, Trump is about to return to the White House. He has repeatedly mentioned that measures to impose tariffs of up to 60% on Chinese goods may be put on the agenda,
When Trump raised tariffs on Chinese imports in 2018, shipping container fees skyrocketed by over 70%, putting unprecedented pressure on the global shipping supply chain.
In order to cope with the potential risk of price increases, American companies and consumers have recently started to purchase in advance, and some domestic shippers are rushing to ship. In addition, some traders may seek to diversify their supply chains and transfer goods to the United States through other trade routes.
However, according to Bloomberg, Mauricio Claver Carone, an advisor to Trump's transition team, recently stated in a phone interview that "any product passing through Qiankai Port or any port in the region owned or controlled by China should be subject to a 60% tariff, as if the product came from China
He added, 'The purpose of this tariff is to prevent transit trade from China, which means Chinese goods are exported to the United States through a third country to avoid the high tariffs that direct exports may face.'“
However, Bloomberg also mentioned that it is currently unclear how many goods will be directly shipped to the United States after the operation of Qiankai Port. In fact, for Peru and surrounding South America, the significance of this newly completed Pacific deep-water port lies in reducing dependence on Mexican or California ports and exporting goods directly to the Asia Pacific region
It is reported that on the evening of November 14, 2024 local time, Qiankai Port officially opened. Qiankai Port is located along the Pacific coast of South America and is a natural deep-water port. The port has a water depth of 17.8 meters and can accommodate super large container ships with 18000 TEUs.
Qiankai Port is not only one of the landmark projects of China's high-quality co construction of the "the Belt and Road" in Latin America, but also a smart port and green port in South America
According to statistics, the Qiankai Port Phase I project can shorten the sea freight time from Peru to China to 23 days, save more than 20% of logistics costs, bring $4.5 billion in revenue to Peru annually, and create more than 8000 direct employment opportunities. Previously, most of the goods between Peru and Asia or Oceania were primarily transported through Central and North America.
Some predict that Qiankai Port will become a new hub port and Pacific gateway port in Latin America, providing a new choice for Pacific shipping and reshaping the shipping pattern in the region
The completion of this modern port not only creates new economic growth points for Peru and its neighboring countries, but also builds an efficient channel for cooperation between Latin America and the Asia Pacific region, which will further drive the overall development and integration construction of Latin America and the Caribbean.
Source: SouHang Network