Freight Loop - US tariffs to significantly reshape global trade

In Drewry’s opinion these developments will have significant implications for the future shape of international trade - with stakeholders across the global container shipping industry now reassessing their markets, supply chain, sourcing and service decisions. The high but uneven level of tariffs will result in both reductions in international trade volumes and in shifts of volumes, with winners and losers.

Clearly the situation is highly dynamic with considerable uncertainty over how those countries most affected will respond or seek to mitigate the full impact of the measures announced. Drewry will continue to monitor developments closely and provide our clients and followers with regular updates and analysis in the coming days.

If your organisation is considering new overseas sourcing locations or would like to explore what measures can be taken to help mitigate the current market uncertainty and volatility, please don’t hesitate to contact our team of ocean freight experts.