The cargo ship that's been drifting off the coast of China for a month finally docked in Dalian port with its $20 million of soybeans

Reuters

• A cargo ship that sailed from the US carrying $20 million worth of soybeans was circling off the Chinese coast for over a month.
• The ship became an internet sensation on Chinese social media as it raced to deliver its cargo last month before new Beijing tariffs took effect.
• On Saturday, the Peak Pegasus finally docked, presumably to deliver its soybeans.

---

BEIJING (Reuters) - A ship carrying soybeans from the United States docked in the port of Dalian on Saturday, more than a month after it arrived off China's coast just hours after hefty tariffs were imposed on US goods, according to Thomson Reuters Eikon shipping data.

The short journey into the northern Chinese port was the first by Peak Pegasus, which has 70,000 tonnes of US soybeans on board, since it arrived off the coast on July 6 shortly after Beijing imposed 25% import duties on $34 billion worth of US goods, including soybeans.

See the rest of the story at Business Insider

NOW WATCH: Cigna's CEO says that the problem with healthcare in America has nothing to do with employers

See Also:

• Australia's prime minister to face internal dissent as parliament resumes
• Nobel prize winning author V.S. Naipaul dies aged 85: BBC
• Romanians rally again in anti-corruption, anti-government protests

SEE ALSO: Trump's trade war is already leading to layoffs and pain for American businesses

DON'T MISS: One map shows why Trump's trade war with China could be a disaster for average Americans

from Business Insider https://ift.tt/2MfssPC