Chinese imports hit peak at U.S. ports
The volume of loaded shipping containers from China to all U.S. ports was up 6.3 percent in June from a year earlier after falling 6.9 percent in May and 3.9 percent in April, said Gene Seroka, executive director of the Port of Los Angeles, the busiest U.S. container port and No. 1 hub for ocean trade with China.
China said on Friday exports unexpectedly accelerated in June. The commerce ministry confirmed that Chinese exporters were front-loading shipments to the United States to get ahead of expected tariffs. ■