#China #Chinashipping #USChinatrade
Breakwave Advisors Founder and Managing Associate John Kartsonas breaks down how Chinese language port congestion is impacting america.
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Inflation is transitory, according to someone who has a printing press for the US dolllar
How about white people stop running their mouth and build something so they don't have to buy so much from Asia.
Continued supply chain disruptions will cause inflation. I believe this will ultimately cause those supply chains to relocate and automate.
China is not a reliable trading partner. They are a source of Disease. Countries should repatriate their manufacturing capability and not rely on China.
This channel is good with propaganda news like rest of America medias
Ningbo port is not even China's biggest. there are more major ports out there including those inland ports.. all these news of "port congestion" is overhyped.
2:40 most likely to be affected are dildo shipments to USA.
China coughs. America got sick. 😂🤣
I need my part from China, have no idea how much longer this is going to be.
GROUND PROPERTY CHINA OWNS
The US Government is there to create these problems, because if problems don't exist then the American Government is not necessary.
This is what happens when over decades our so called political representatives on both sides of the isle have taken kickbacks from major corporations and foreign powers to send our manufacturing base offshore. We are now nothing more than a customer base for the rest of the world!
I own a trucking company and deal with the port on a daily basis. The issue is not the lack of trucks or drivers. The issue is the fact that the ocean carriers are not willing to take more empty containers back to China.
If there was a lack of trucks, why is there a line of trucks waiting to get into the port? There should be no lines of trucks waiting if there were no trucks!
A driver waits all day to take an empty container to the port. The port is not taking empty containers back fast enough.
The less empty containers there are in China, more money the vessel lines make.
The lower the supply of empty containers in China, the greater is the demand for containers.
Now the government will charge $100 per day up to 9 days then increase the fee by $100 per day.
The government is NOT helping with the situation; they are encouraging the port to slow down so they can make more money with the fees.
We pay thousands in demurrage fees caused by the port inability to issue appointments for empty containers to be returned which create the lack of chassis to take full containers out the port.
The solution is to accept empty containers without appointment and stop with the non-sense of dual transactions.
If there is no space for empty containers, then start stacking the empty containers at the airport property and release chassis to go get loaded containers out the port!
this is just the beginning, the real storm is coming this winter