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| From: https://qz.com/1550004/ships-full-of-teslas-are-racing-toward-china-...
Talking about: Shiploads of shiny new Tesla Model 3 sedans—at least three giant container ships’ worth—are racing against the clock across the Pacific Ocean to arrive at Chinese ports before March 1, when higher tariffs would kick in with the expiration of the temporary trade-war truce between the US and China.
This is not the first time ships have had to race across the high seas in an effort to beat the clock on steep tariffs. Last August, the 299-meter cargo ship Peak Pegasus carrying 70,000 tons of soybeans worth about $20 million headed for China at top speed, only to miss a midnight deadline by 30 minutes. It ended up sailing in circles for days and only started unloading its cargo more than a month later—with the hefty tariffs slapped on.
They missed the deadline by 30 minutes and it cost them 25%.
We knew they missed the deadline but we didn't know that they missed it by 30 minutes. I bet somebody was disgusted. | |
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Just a little fun historical followup fact.
