His Nanjing-based company, Jiangsu Haosanyou Information Technology, helps shippers of marine cargo find business along China’s supply chains via the internet. For Zhang, the US$3.5 billion mega-port, which was inaugurated on November 14, foreshadows a boom in Chinese e-commerce in Latin America, where conventional Chinese trade is already growing.

President-elect Trump is vowing to impose new tariffs on Canada, Mexico and China. NBC News' Guad Venegas, CNBC senior Washington correspondent Eamon Javers, New York Times chief White House correspondent Peter Baker and former chief of staff to VP Pence Marc Short join Chris Jansing to discuss the impact of the tariffs on prices of goods.

U.S. President-elect Donald Trump's pledge to impose tariffs on Canada would drive up fuel prices for Americans as it would upend decades-old oil trade from its top crude supplier, analysts said on Wednesday.

Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the US economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.