PH cargo traffic unhurt by US-China trade warhome/News/Headlines/PH cargo traffic unhurt by US-China trade warWorsening trade tensions between the US and China, the country’s major trading partners, have not hurt the Philippines’ cargo traffic, a government official claimed on Monday. “Business as usual,” Jay Daniel Santiago, general manager of the Philippine Ports Authority (PPA), said when asked about the impact of the US-China trade war. Total cargo reached 128.667 million metric tons (MMTs), slightly up by 3.74 percent against the previous 124.033 MMTs. Christian Martin Razon Gonzalez, senior vice president of International Container Terminal Services Inc. (ICTSI), told reporters on Friday that the company’s China operations has taken a hit from the US-China trade war. While there has been an impact, the impact has come more from confidence in the global economy as opposed to direct trade impact for those particular countries,” Gonzales said.

Source: Manila Times September 30, 2019 16:26 UTC