Bookings for cargo shipping spiked this week — but it may not last, a shipping CEO said

German shipping company Hapag-Lloyd is seeing a surge in bookings from China to the US following the two countries' temporary tariff truce.

Cathrin Mueller/Reutrs

• American importers are rushing to ship Chinese goods after the US's 90-day tariff truce with China.
• Bookings for China-to-US cargo surged after the tariff rollback agreement, said Hapag-Lloyd's CEO.
• However, the surge may be short-lived and would depend on future trade talks, said the CEO.

American...