
New Delhi - Following US President Donald Trump’s decision to halt reciprocal tariffs for 90 days, Indian exporters are anticipated to experience a sharp increase in freight charges. Announced on April 9, the interim reprieve lowers tariff levels to 10% for nations like India, while keeping China out of the equation. Demand for container space has increased as a result of the development, which has caused a boom in front-loaded shipments.
According to industry experts, as exporters rush to ship their shipments before the 90-day window expires, the freight rate increase may approach double digits . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.


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