Trump Effect

Trump Effect

From the promise of deregulation to the threat of trade wars with China, Mexico, and others, the election of Donald J. Trump to the presidency has injected unprecedented levels of uncertainty into the shipping and transportation industries. This page is home to the latest JOC.com news, analysis, and insight into how the Trump era will reshape shipping.

News & Analysis

Gary Cohn, TPM20 Keynote Speaker
11 Dec 2019
Gary Cohn, former director of the National Economic Council under President Donald Trump and former president of Goldman Sachs, was named as the opening keynote speaker of the 20th TPM, the world’s largest container trade conference, organized by IHS Markit.
Trans-Pacific spot rates stabilize ahead of projected import bump
25 Oct 2019
Spot rates on the eastbound Pacific stabilized as carriers prepare for a possible spike in imports from China next month ahead of the next round of tariffs scheduled to take effect Dec. 15 in US-China trade war.
Trans-Pacific westbound spot rate plunge set to deepen
22 Aug 2019
Spot rates in the westbound Pacific took a sizable drop this month due to declining US exports to Asia, which are resulting in especially low vessel utilization rates. The normal strong rebound, which should begin in November, could be muted as a result.
14 Aug 2019
The containerized shipping industry was able to convince the US Trade Representative to take cranes and containers off a list of tariffs going into effect on Sept. 1 and Dec. 15.
10 Jul 2019
Shippers on the trans-Pacific are getting a taste of the capacity management in store as carriers try to balance capacity with slowing demand.
US vehicle tariffs threaten fast-growing trans-Atlantic trade
08 Jul 2019
The US has hit the pause button in its trade war with China and has shifted its attention back to Europe where tariff threats are hurting business confidence, especially in the German vehicle and spare parts market.

Commentary

From a risk standpoint, a faster liquidation timeline can be very important to both the importer and the surety.

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