A US cargo ship has been drifting off the coast of China for a month — and it shows  the real-world effects of the trade war

A US cargo ship has been drifting off the coast of China for a month — and it shows the real-world effects of the trade war

A cargo ship carrying a $20 million worth of soybeans has been circling off the Chinese coast for over a month after being caught in the middle of the US-China trade war. The Peak Pegasus, which is owned by JPMorgan Asset Management, left Seattle on June 8 on a monthlong voyage to the northeastern Chinese…