Trump 2.0 tariff bazooka is looking more like a damp squib
- Mexico tariffs delayed one month
- Canada tariffs also delayed one month
- De minimis rule for Chinese imports a potential negative for liners
US President Donald Trump’s tariffs now look a lot less material to shipping. Financial markets reacted extremely negatively to the initial plan and Trump subsequently paused his actions for a month, delaying most — but not all — of the shipping impact