Xeneta: Trump Presidency will reignite US-China trade war and threaten a spike in ocean container shipping markets as businesses rush imports ahead of higher tariffs

Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates. Trump has vowed blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China. …

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