The recent ceasefire in the Gulf region has helped to ease tensions, resulting in notable shifts in freight rates. This development comes amidst ongoing uncertainties surrounding the US-China trade deal, which was announced by President Trump approximately two weeks ago. Despite the announcement, the agreement remains unfinalized, leaving many in the industry uncertain about the future of trade between the two nations. FreightWaves reports that the proposed 10% reciprocal tariff will be applied to Chinese goods, further complicating the situation. As a leading freight forwarding company, RW Freight closely monitors these developments to ensure that our clients receive the most up-to-date information and efficient solutions for their shipping needs.