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147 US-China cargo volume plunged in April as customers reacted 'very, very fast' to tariffs, says Maersk CEO

Business Insider
Huileng Tan @ Business Insider · 05/09/2025 04:24 EDT

US-China cargo volume plunged in April as customers reacted 'very, very fast' to tariffs, says Maersk CEO

Shipping giant Maersk expects global container volumes to grow between -1% and 4% in 2025 — down from its previous forecast of around 4% growth.

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