Global container shipping volume to decrease by 1% due to Trump trade policies

From Yahoo Finance: 2025-04-24 14:15:00

Global container port volume is expected to drop 1% due to U.S. trade policies, the third decline since 1979. Trump’s tariffs could cause a 40% decrease in U.S. imports from China. Retailers like RC Willey are halting orders from China and turning to other countries like Vietnam. Economists warn of a potential U.S. recession as trade tensions escalate. The International Monetary Fund predicts a slowdown in global economic output due to Trump’s tariffs. Hapag-Lloyd reports a 30% cancellation of shipments from China to the U.S. The National Retail Federation anticipates a 20% drop in U.S. containerized import cargo volume in the second half of 2025.

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