Good news indeed with such significant investment from the shipping line veteran. This should boost the market confidence and sentiment for YZJ. Hope that YZJ will start to move back to its all time high 52 wks progressively. This Trump proposed port fees is also choking on US exports such as coal and agriculture (Reuters 20Mar) leading to numerous related issues. Hope that Trump can review on his policy asap as it doesn't make economic sense at all. It is a double edge sword in a way. Hence free trade is essential indeed. He should be implementing policies that could enhance the competitiveness and efficiency of US exports instead.
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