Ilham Aliyev holds high-level talks in Turkmenistan
Ilham Aliyev’s working visit to Turkmenistan on 22 August featured high-level discussions with Chairman of the Halk Maslakhaty Gurbanguly Berdimuham...
As the massive pink-hulled container ship ONE Modern pulls into the Port of Hong Kong, its crew rushes to offload more than 700 containers within a tight 10-hour window.
But beyond the daily logistics lies a broader crisis rippling through global supply chains, as the U.S.-China trade war once again upends the shipping industry.
With a temporary pause on new U.S. tariffs expiring 12 August, companies are racing to move goods out of China and into the U.S., hoping to beat the deadline. The situation has introduced severe uncertainty into an already strained global supply system.
“The indices for unpredictability and chaos are actually at an all-time high,” said Roberto Giannetta, chairman of the Hong Kong Liner Shipping Association.
Despite an agreed framework for a trade truce reached in London last week, few in the industry expect stability anytime soon. Trade between China and the U.S., which exceeded $688 billion in 2024, continues to be a pillar of global commerce—but one now mired in unpredictability.
Scramble to beat tariffs
Many U.S. businesses, fearing new levies, are stockpiling goods. Factories in China are running at full capacity, and shipping lines are operating under immense pressure to deliver cargo before the tariff window closes.
“Companies want to front load, because they simply don’t know what reality will look like just a few weeks down the road,” said Jens Eskelund, president of the EU Chamber of Commerce in China.
The container ship ONE Modern carries everything from toys and furniture to car parts. It will travel more than 10,000 nautical miles, passing through China, South Korea, the Panama Canal, and finally Houston, Texas.
Tariff turmoil hits U.S. businesses
Back in the U.S., companies like Learning Resources, a Chicago-based educational toy firm, are feeling the strain. CEO Rick Woldenberg said his firm faces “tremendous destruction of wealth” due to shifting tariff policies.
“We have absolutely no idea what the rules will be when the product arrives,” he said.
Nearly 80% of toys sold in the U.S. are made in China, and the toy industry has been particularly hard hit. Learning Resources has even taken legal action against the Trump administration’s tariffs, though an injunction remains in limbo.
Relocating production to the U.S., Woldenberg says, isn’t a feasible alternative:
“Moving manufacturing to the U.S. is a bureaucrat’s fantasy… the capacity simply doesn’t exist.”
Retailers brace for shortages, consumers for higher prices
Trump has dismissed concerns about tariffs, saying Americans don’t need as many imported goods.
“Maybe the children will have two dolls instead of 30,” he said at a cabinet meeting in April. “Maybe the two dolls will cost a couple of bucks more than they would normally.”
But industry leaders warn the impact will be significant and unavoidable.
“Retailers will run out of product,” Woldenberg said. “They can call it tariffs or whatever they want, but it’s a tax and they’ve turned our company into a tax collector.”
Giannetta agreed, adding that all tariff-related costs “get pushed down to the consumer.”
Shipping stays the course
Despite the upheaval, the shipping industry remains resolute.
“Shipping always continues, no matter what you throw at it,” said Giannetta. “This is an industry that doesn’t stop.”
Having weathered the pandemic, canal blockages, and conflict-related risks in recent years, shipping crews continue to operate at the frontline of geopolitical and economic shifts—steering through uncertainty as another global trade storm brews.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Afghanistan’s Minister of Public Health, Noor Jalal Jalali, met with Kazakhstan’s Ambassador to Kabul, Gaziz Akbasov, to press for enhanced health-sector cooperation, part of a broader bilateral push that includes infrastructure, trade, and humanitarian aid ties.
Authorities and employers should protect the health of workers who are exposed to extreme heat, according to a report by the United Nations. The UN warns that high temperatures are endangering people worldwide with serious health risks.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 22th of August, covering the latest developments you need to know.
Chinese President Xi Jinping will host Russia’s Vladimir Putin, U.N. Secretary-General Antonio Guterres and more than 20 heads of government at the Shanghai Cooperation Organization summit in Tianjin from 31 August to 1 September.
California lawmakers have fast-tracked a redistricting plan giving Democrats a potential five-seat gain in Congress, with Governor Gavin Newsom signing the measure on Thursday to counter Republican efforts in Texas.
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