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Tariffs Upend Global Shipping, 'It's a Big Mess Right Now'
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President Trump’s tariffs have upended global shipping. "There are no answers as we are waiting for retaliatory tariffs from China and Europe to figure out any alternative networks," said Nils Haupt, a spokesman for German shipping company Hapag-Lloyd. The shipping industry is also bracing for an expected executive order from Trump that would impose a charge of around $1 million per port call for Chinese-made ships coming to the U.S.
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