China tariffs take toll on US Gulf exports

The ports of Houston, Mobile, and New Orleans handled 88 percent of the total 3.3 million TEU of containerized cargo moving through the US Gulf last year. Photo credit: Shutterstock.com.

The ports of Houston, Mobile, and New Orleans handled 88 percent of the total 3.3 million TEU of containerized cargo moving through the US Gulf last year. Photo credit: Shutterstock.com.

The US Gulf of Mexico ports are enjoying 11.4 percent import growth as the upsizing of vessels on the three all-water services from Asia since 2016 and the expansion of import distribution facilities throughout the region have resulted in more balanced two-way trade. However, China’s tariffs on US exports are stunting the growth in the shipment of resins and cotton.