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Shipping industry sinks into crisis as Trump’s tariffs disrupt global trade flows

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2 weeks ago


A cargo ship at a container port in Yantai city in eastern China's Shandong province on March 30, 2025. US tariffs on China could be as high as 54 per cent. AP

A cargo ship at a container port in Yantai city in eastern China’s Shandong province on March 30, 2025. US tariffs on China could be as high as 54 per cent. AP

US levies and countermeasures by trading partners could hit global shipping sector with international trade wars and sustained higher inflation, analysts say



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