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.
Episode 119 | Ports, Presidency and Policies: Q1 Update with Kathy Hall
TheChemCo · Episode 119: Ports, Presidency and Policies: Q1 Update with Kathy Hall “The View from Jamestown” Chemical Podcast Hosted by The Chemical Company Episode