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Can protectionism and shipping go together?

The shipping community is concerned about attempts by Indonesia to reserve transport of certain commodities for its own shipping firms, but should note that EU has so far looked the other way

Published Tue, Mar 6, 2018 · 09:50 PM

PRESIDENT Donald Trump's recent announcement that the US will impose high tariffs on imported steel and aluminium has caused consternation around the globe, with many observers fearing that we could be heading into an era of trade wars and increased protectionism.

In the context of that political storm, a dispute which involves both the shipping industry and this region is likely to attract very little attention; nevertheless, a recent move by Indonesia has raised some important issues.

Certainly European shipowners are dee…

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