New tariffs announced by Donald Trump on ‘Liberation Day’ have created fresh uncertainty for US shippers finalising long-term freight contracts.
While the tariffs will raise landed costs, Xeneta analysts have said immediate impacts on ocean and air freight rates are limited due to subdued demand and downward rate trends.
However, proposed fees on Chinese vessels could trigger ocean congestion.
While the tariffs will raise landed costs, Xeneta analysts have said immediate impacts on ocean and air freight rates are limited due to subdued demand and downward rate trends.
However, proposed fees on Chinese vessels could trigger ocean congestion.