US and Chinese trade representatives are set to meet in Geneva this weekend for their first face to face meeting in an attempt to deescalate the trade war. Most goods shipping from China to the United States have a 145% tariff, while most US exports to China are being hit with a 125% tariff. On Friday, President Donald Trump suggested lowering the tariff rate with China to 80%, but said the final terms would be up to Treasury Secretary Scott Bessent.
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For consumers, who are facing higher prices or shortages of certain items, Cordero says a deal can’t come soon enough.
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“If things don’t change quickly, I’m talking about the uncertainty that we’re seeing, then we may be seeing empty products on the shelves. This is now going to be felt by the consumer in the coming 30 days,� said Cordero.

Upwards of 63% of the cargo that flows into the Port of Long Beach is from China — the largest share of any US port. But that number is down from 72% in 2016 as retailers shift away from China over simmering trade tensions.

Even so, China still represents a major source of imports into the United States. Maersk, the second largest shipping line in the world, told CNN the cargo volume between the United States and China has fallen by 30-40% compared to normal.

“If we don’t start to see a de-escalation of the situation with China, if we don’t start to see more of those trade deals, then we could be in a situation where some of these effects get more entrenched and are more adverse,� said Maersk CEO Vincent Clerc.

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Savery boarded The Canadian on April 1, 2024, in Vancouver. He treated himself to the prestige class ticket, just as he and his late wife had planned.
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As soon as he boarded the train, Savery felt a surprising feeling of contentment. He was proud of himself. And excited for what was to come.
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It turned out Savery was the only passenger in prestige class. The whole front row of the domed viewing carriage was reserved just for him.

But on the second day of the journey, Savery was surprised when he walked up the stairs into the domed car and saw “the back of someone’s head sitting in one of those reserved seats.�

He raised an eyebrow, but didn’t say anything, instead sitting on the opposite side of the aisle from the mystery passenger: a woman with long curly hair, reading.

Savery recalls thinking: “She’s reading a book, so obviously can read the sign that says this is for prestige passengers only.�

But he kept the slightly ungenerous thought to himself.

“I didn’t say anything,� he says today. “And after a while, she got up and left without a word.�
Later that day, at dinner, Savery was sharing a table with a friendly couple, chatting about what prompted them to book The Canadian. Savery told them about losing his wife, about deciding to fulfill their shared dream, solo.

“Have you met Giselle?� asked the couple, glancing at one another.

Savery told them, no, he didn’t think he’d met a Giselle yet. The couple described her — tall, long hair.

“I know who that is,� said Savery, realizing the description matched the woman he’d spotted sitting in the prestige class seat.

“She lost her spouse too,� said the couple. “Quite recently.�

Taking in this information, Savery decided he’d make a conscious effort to seek Giselle out on board the train.