China-US container traffic collapses ships drop to lowest in over a year, tariff truce fails, shipping volumes plunge 50% since mid-April

Container shipping traffic from China to the US is plummeting:

The number of ships departing from China to the US over the last 15 days has dropped to its lowest since February.

Excluding the Chinese New Year-related decline in February, this is the lowest level in over a year.… pic.twitter.com/AYuPPJRXwS

— The Kobeissi Letter (@KobeissiLetter) June 1, 2025