Maerssk Halifax, on the route of Central and South America, embroidery on the Qianwan container terminal at the Qingdao port in Qingdao, SHANDONG Province, China, November 10, 2024.
Nurphoto | Nurphoto | Getty Images
Prepare for more prices you will hit soon.
Of merchants including Target – whose executive director said prices could grow within a few days – The main business lobbies such as the American Chamber of Commerce, which said that the tariffs “just increase the prices”, is a message issued to consumers in response to Tarife President Trump on Mexico and Canada. While the White House says that inflation does not care, at the center of the global supply chain, a message sent to the American economy coincides with the one in merchants and trade groups: Inflation is coming.
Maersk, the second largest oceanian company for a ship in the world, says new tariffs about Mexico and Canada – and Escalating trade war between North American nations Since Canada has already responded with her series of tariffs and Mexico, which they plan to act soon – an inflationary threat to the American economy.
“The short -term effect of any tariff is obviously inflation,” said Charles Van Der Steene, President of Maersk North American, during an interview at the TPM conference at Long Beach, California, the main annual convention for the logistical industry. “In its essence is an inflator.”
At midnight, Trump’s 25% of Tariffs on goods from Mexico and Canada, plus 10% on Canadian energy products and an additional 10% on Chinese goods.
Canada has triggered her retaliation overnight, and Canadian Prime Minister Justin Trudeau said he would be 25% of tariffs at more than $ 100 billion in US goods during 21 days. Mexico President Claudia Sheinbaum said the Committee of Tariffs would be published on March 9th. China announced her new tariffs on American goods, which will start on March 10th.
According to global trade tariffs, Maersk expects the inflationary influence to last in the middle to long -term. But Van der Steene said it was “the expectation that the effect would ultimately soften.” In the long run, he said that there is greater uncertainty about tariffs and repatriation of potential supply chains.
While Recent survey dataand the sellers’ comments like Target pointed to weakening of consumersVan der Steene said the power of the US consumer remains a silver lining in the middle of a trade war.
“We still see the American consumer and the US market as a whole to be extremely resistant and powerful,” Van Der Steene said. “Consumer consumption is still strong, not only in the last quarter, but in the last six quarters. And it was a big engine that is a whole of the US economy.”
As an example, more international merchants Arrival in the US market Due to their consumer power compared to other markets.
In an interview with CNBC on Tuesday, the Hward Lutnick Store Secretary said that the tariffs are not inflated and that it will be clear to reset trade policy with a reciprocal tariff politics of April 2.
Over the weekend, Scott Bessent Treasury Minister said the tariffs are unlikely to raise inflation, partly because China will “Eat any tariffs that continue.”
“These countries used and abused us,” Said Lutnick on CNBC. “That will change. It’s amazing the way we’re going to torn around the world, and Donald Trump will set it up, make it reciprocal and make it fair.”
On average, The world imposes tariffs more than twice as much As those who have now applied to imports, but wide comparisons omit important details in trade relations: many countries impose significantly larger tariffs on products such as food, clothing, alcohol and tobacco to protect local industry or regulate consumption, and tariffs that highlight strategic roles in global markets.
India, which has the most average tariffs on American goods, was a manufacturer’s user who expanded his capacity outside China, and this industrial migration attracted the investment of companies, including Maerssk, who recently announced that she plans to invest $ 5 billion in India, focusing on terminal infrastructure and internal logistics.
Trump threatened tariffs to India, as well as part of a wide plan to retaliate the tariff that was thinking about Trump’s administration.
Van der Steee said that although the tariffs in India could have a short -term effect, the ultimate importance of India within the global supply chain from the production capacity and balance part of the capacity away from China, “such is that we do not expect it to have a long -term effect on how the global supply chain is built.
Trade war and tariffs were concern for the maritime and transport sector, with the risk of consumer consumer’s return that is potentially translated into smaller freight orders, especially after many dealership clients performed on the eve of the tariff plans of the new administration.
