In Reply to: Container bookings from China down 60% posted by Dr.J on April 28, 2025 at 11:07:46
TEU is the metric used for shipping, "twenty-foot equivalent unit"
Trump's stupidity/ignorance is going to ripple through the economy, starting at the ports.
There going to be pandemic shortages on the shelves in a few weeks.
And there is no quick or easy way to start up supply chains, as we learned during Trump's last disastrous presidency.
Even if trade deals can be made quickly -- and there is zero concrete progress -- it takes time to get supply chains back to a functioning level.