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We agreed on a number, which was very, very good: $2 trillion for infrastructure. Originally we had started it a little lower. Even the president was eager to push it up to $2 trillion.

Spot container rates from China/East Asia to the U.S. West Coast stood at $1,531 per FEU as of May 10, up 10.6% year-over-year, while rates from China/East Asia to the U.S. East Coast totaled $2,926 per FEU as of May 10, up 22.2% year-over-year, according to the Freightos Baltic Index.

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