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8 August 2026

Asia ocean line in $135M expansion of US box terminal

Downunder Voices Newsroom

Source reporting: FreightWaves

Asia ocean line in $135M expansion of US box terminal

A West Coast port is upping its container game with a major equipment upgrade. The Port of Tacoma’s Washington United Terminals has signed a contract with HD Hyundai Samho of South Korea for four new cranes. Opened in 1999, WUT is operated by HMM (formerly Hyundai Merchant Marine) ( 011200. KS ) of Seoul, the world’s eighth-largest liner operator. HMM and Samho.

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8 August 2026

Why is transit in goods free but trade is not?

In my previous two posts on the value of the WTO, I argued that when governments set trade policies independently, they focus on domestic effects but often overlook the costs imposed on trading partners. International trade agreements help governments take account of these cross-border spillovers (terms-of-trade externalities) by encouraging reciprocal negotiations over trade policy. While these negotiations will reduce trade protection, they will not necessarily lead to free trade. But if governments do not generally commit themselves to free trade, why has freedom of transit for goods been seen differently?

Source: World Trade OrganizationOriginal source

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