The world’s biggest shipping company warns Trump’s trade war will hurt America more than anyone else
|08/20/2018||Posted by BusinessMediaguide.Com under General World News||
- CEO of Maersk, the world’s largest shipping company, warns the impact of President Donald Trump’s trade war will be bigger in the US than anywhere else.
- It could knock 4% off US trade annually, Soren Skou said at an event in Denmark.
- The impact would be particularly large if the US attempted to place tariffs on consumer goods coming from China.
The CEO of AP Moller-Maersk, the world’s biggest operator of container ships, has warned that President Donald Trump’s trade war will ultimately be more harmful to the US than any other country.