While the incoming administration has vowed to review, and possibly significantly increase tariffs on China, a Trump presidency is also slated to impact ocean container shipping costs as well. In the first round of Trump-enacted tariffs, ocean freight rates rose in tandem due to increased demand and urgency in clearing material into the US. A similar spike is being anticipated to those closely watching ocean shipping markets.
APLA Recap & Election Impacts | Episode 116, November 2024
TheChemCo · Episode 116: APLA Recap & Election Impacts – November 2024 “The View from Jamestown” Chemical Podcast Hosted by The Chemical Company Episode 116