A US cargo ship has been drifting off the coast of China for a month — and it shows the real-world effects of the trade war
|08/09/2018||Posted by BusinessMediaguide.Com under General World News||
- A US cargo ship carrying $20 million of soybeans has been circling off the Chinese coast for over a month.
- The ship became an internet sensation on Chinese social media as it raced to deliver its cargo last month before new Beijing tariffs took effect.
- The ship, called the Peak Pegasus, has been drifting in circles off the coast of Dalian ever since.
- Peak Pegasus is a casualty of the ongoing US-China trade war.
A container ship carrying a $20 million worth of soybeans has been circling off the Chinese coast for over a month after being caught in the middle of the read more >>>