Summary
The global shipping industry faces uncertainty as Donald Trump escalates trade tensions with new tariffs and proposed port entry fees on Chinese-built ships.
U.S. tariffs on China, Mexico, Canada, and the EU could disrupt trade, weaken container ship owners’ pricing power, and increase costs for businesses and consumers.
Global supply chains are also strained by rerouting around the Suez Canal and climate-related disruptions.
Experts warn these policies could drive up freight rates and consumer prices while adding economic burdens to U.S. exporters and importers.