Hapag-Lloyd says 30% of China's U.S. bound shipments have been cancelled

DUESSELDORF, April 23 (Reuters) - Customers of Hapag-Lloyd have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super powers, a spokesperson for the German container shipping group told Reuters on Wednesday.

Instead, there has been a "massive increase" in demand for consignments from Thailand, Cambodia and Vietnam, the spokesperson added.

Tariffs on goods from China introduced by U.S. President Donald Trump have triggered a trade conflict that has resulted in 145% U.S. duties on Chinese goods and 125% Chinese duties on U.S. goods.