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Containers United States Political Risk and Trade

Shipping braces for impact after Trump drops tariff ‘bomb’ on world trade

  • Exceptionally high tariff levels and expectations they will be negotiated down could convince some US importers to pause orders, reducing shipping demand
  • New tariff policy expected to increase inflation in the US, another negative for container shipping demand
  • Pressure on the global economy and retaliatory tariffs targeting US exports would spread negative impact to tanker and bulker trades

  • Analysis

Trump’s ‘Liberation Day’ tariffs sent shockwaves through stock markets and the global trading community on Thursday. The fallout will hit container shipping first, and could eventually spread to dry bulk and tankers, particularly if other nations retaliate against US exports

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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