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📊 Shipping Stocks on Rise
💸Trump's Tariff Move
🌊 Shipping Routes Shift
📉 Tariffs Hit Trade
💶 EU Ports Rebound
🚢 Mega-Ship Surge
🤝 Shipping Alliances Shift
🌍 Red Sea Shipping Impact
🖼️ Picasso's Abstract Seas
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🚢 Maritime Trivia: Container Shipping Quiz Time!
Previous Answer: Container Overboard
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📊Trump Announces New Tariffs on Key Trade Partners
25% tariffs on imports from Mexico and Canada, and 10% tariffs on Chinese goods to start January 20, 2025.
Tariffs aim to curb drug trafficking and illegal immigration from Mexico and Canada.
Additional tariffs on China tied to action against fentanyl production.
US consumers face higher prices; businesses face supply chain disruptions.
Policy reflects use of tariffs as political leverage, not just economic protection.
🌊Global Shipping Shifts at Key Maritime Passages
Pandemic Impact: COVID-19 slowed Suez and Panama traffic, boosting Cape of Good Hope usage.
Suez Blockage (2021): Shutdown caused backlogs and delays.
Trade Surge: Post-pandemic, Suez traffic soared due to capacity constraints.
Panama Issues: Water shortages in 2023-2024 reduced transit capacity.
Red Sea Crisis: Suez traffic plunged 60%, rerouting ships via the Cape.
📉Trump's Tariffs Threaten Global Trade
New Tariffs: 25% on Canada/Mexico, 10% extra on China imports.
USMCA Risk: Violates 2020 trade deal, renegotiation possible by 2026.
Market Reaction: Dollar surged; stocks fell globally.
China's Stance: Warns no one wins trade wars, highlights cooperation.
Economic Impact: Inflation, trade collapse, and disrupted supply chains loom.
