The Impact of COVID-19 on Trade
As we all know, COVID-19 has had the biggest negative impact on our economy since the recession of 2008—and that includes causing issues in the international intermodal trucking industry. This unprecedented event has caused delays in and cancellations of shipments, renegotiations of tariffs and slowed international business communications regarding trade. In short, the virus has caused a massive slowdown in nearly every aspect of trade and business. Here’s a brief overview of COVID-19’s impact on international trade in North Charleston, SC and beyond: Postponed meetings and negotiations: Both international and domestic organizations, from the European Union to the World Trade... View Article