Trump’s Tariffs Send Shippers’ Shares Lower, but We…
From Morningstar: 2025-04-03 12:15:00
President Trump announced sweeping tariffs on all imports, causing global shippers Maersk and Hapag-Lloyd’s shares to drop 7% and 8%. Despite previous tariff success, increased risk could impact future trade demand. Tariffs led to 8% and 15% reductions in fair value estimates for Maersk and Hapag-Lloyd, less than market reductions.
The news article discusses the effects of President Trump’s tariffs on major trading partners and global shippers Maersk and Hapag-Lloyd. Despite previous tariff success, the increased risk of future tariffs and trade demand reduction could impact these companies. Market reductions in fair value estimates for Maersk and Hapag-Lloyd were higher than actual reductions.
Read more at Morningstar: Trump’s Tariffs Send Shippers’ Shares Lower, but We…