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Non-China sea cargo shippers to U-turn on aborted bookings amid US tariff pause: analysts

Although the suspension is welcome, the situation could remain challenging for industry players

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Tay Peck Gek

Tay Peck Gek

Published Mon, Apr 14, 2025 · 07:00 AM
    • US President Donald Trump on Apr 2 unveiled tariffs ranging from 10% to 49% on the US' trading partners.
    • US President Donald Trump on Apr 2 unveiled tariffs ranging from 10% to 49% on the US' trading partners. PHOTO: REUTERS

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    [SINGAPORE] The dramatic turnaround in US President Donald Trump’s stance on his reciprocal tariffs – he paused steep individualised tariffs on dozens of trading partners for 90 days – is likely to trigger a reversal of another sort in the ocean shipping industry.

    Although the suspension is welcome, the dynamic situation could remain challenging for many shippers.

    Meanwhile, the peak season for shipping to the United States is expected to kick off early as a result of businesses front-loading their shipments.

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