Dry bulk to feel the force of Trump’s ‘wrecking ball’ later in 2025
- Retaliatory tariffs are starting to take shape
- The capesize segment has declined 30% from March’s high-water mark
- Some trades might benefit from trade rerouting, but the overall picture for dry bulk is gloomy
Shipbroker BRS said the market must now consider the possibility of a poor second half of the year as a result of the escalating tariff situation