Tag: tariffs

China is set to receive around 3 million metric tons of U.S. soybeans between April and May 2025, despite the imposition of new tariffs on American goods, Reuters reports. 

On 9 April EU Member States voted in favour of the Commission's proposal to introduce trade countermeasures against the United States.

Windward's latest report finds that Q1 2025 featured the highest number of sanctioned vessels since 2022 and the largest number of both new and alignment designations of maritime companies by global regulators since early 2023. 

President Donald Trump is set to impose sweeping tariffs on all Chinese imports, raising duties to an unprecedented 104% starting 9 April. 

Trump has threatened China with an additional 50% tariff on goods imported into the U.S. if it does not withdraw its 34% counter-tariff.

Negative effects are anticipated from China’s 34% tariff increase on US goods, which is a direct retaliation to the new tariffs imposed by the US on China, according to Niels Rasmussen, the Chief Shipping Analyst at BIMCO.

According to GMS' latest report, as Trump’s massive gamble on tariff wars kicked into high gear over ‘Liberation Day’ this week, global stock markets took unkindly to the tariffs and fell over 10

Following President Trump's imposed tariffs on countries worldwide on 2 April, China retaliated with a 34% tariff against US imports.

VesselsValue has issued its Shipping Market Outlook: Q2 2025 Forecast, highlighting how geopolitical tensions, economic uncertainty, and shifting trade dynamics continue to shape the industry.

President Donald Trump's decision to impose broad tariffs on U.S. imports has triggered retaliatory threats escalating a global trade war.