China's US sea freight rates are on a roller coaster, with the latest data showing a rebound after a decline, reflecting changes in demand.

In the United States, while wielding the tariff stick at multiple countries, the July deadline for the temporary suspension of "equivalent tariffs" has been extended. Despite this, China's foreign trade export performance remains strong, and freight rates on routes to the United States have stopped falling and started to rise. With international capacity gradually recovering and demand relatively stable, China's export container comprehensive index has shown a downward trend in the near term. Different routes have certain differences due to their respective supply and demand fundamentals. The continuously fluctuating tariff policy of the Trump administration has caused significant volatility on the North American route. On July 11, the Shanghai Shipping Exchange released the Shanghai Export Container Comprehensive Freight Index at 1733.29 points, a decrease of 1.7% from the previous period. During the same period, the freight rates from Shanghai Port to the US West and East Coast basic markets were $2194/FEU and $4172/FEU respectively, an increase of 5.0% and 1.2% from the previous period. This is the first time freight rates have resumed an upward trend after continuously declining since the second week of June.