Terrible timing and huge uncertainty: how ports and shipping are handling tariff turmoil
Apr 13, 2025
As they reel from Trump’s policies, companies say volatile freight costs and congestion are now the norm The container ship was halfway across the Atlantic when Donald Trump, during his first term in office, levied tariffs on steel and aluminium imports to the US from most countries.At the stroke
of a pen on a US presidential executive order, about £100,000 was added to the cost of one of the shipments onboard, from the UK advanced materials manufacturer Goodfellow, destined for a US customer. Continue reading... ...read more read less