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Trump tariffs bad for global economy and trade, Maersk says

April 5, 2025
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Trump tariffs bad for global economy and trade, Maersk says

COPENHAGEN : Shipping company Maersk said that the tariffs announced by U.S. President Donald Trump on Wednesday amount to bad news for the global economy and trade stability.

Trump’s move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.

The tariff plan announced by the U.S. administration was significant, and in its current form, it clearly isn . . .

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