The US will impose a 25% tariff on all steel and aluminium imports and later this week will apply reciprocal tariffs on goods ...
But the company added: “Despite strong financial performance, uncertainties persist due to US tariffs, supply chain shifts ...
Maersk announced that it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US President Donald Trump’s ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Imports are forecast to remain elevated at major U.S. container ports as shippers try to stay a step ahead of levies on China ...
This period culminated in the Tariff Act of 1930—commonly referred to as the Smoot-Hawley Tariff—which raised tariffs to the highest level in U.S. history. The consequences were quickly felt.