Trade by sea: A major casualty of the U.S.-China tariff fight

When the world's two biggest economies engage in a trade battle, the global shipping industry inevitably becomes one of the key casualties. CNBC's Lori Ann Larocco talks about the fallout with Squawk Box Asia's anchors Chery Kang and Martin Soong, and explains how some companies plan to cope by tariff-hoping.

[YSKWatch]

most of those goods are already paid by the importer, so the factory loose nothing.

[sandsofthehourglass]

Don't worry China, other customers around the world. I buy from Temu all the time and I am not in America.

[SaulGoodman-zr]

@1:29 Ovver 500, 000 containers cancelled due to orders being cancelled. That is a lot of stuff.