A new tariff dispute between the U.S. and Canada is causing significant disruptions to global shipping. The sudden imposition of tariffs is forcing vessels, including crude oil tankers and bulk carriers, to alter their planned routes mid-journey. This rerouting is being done to avoid substantial financial losses, and is effectively changing established trade patterns, reports Tradlinx.
New TariffsOn March 4, 2025, the U.S. implemented new tariffs affecting Canadian exports. These included a 25%...
https://mfame.guru/us-canada-tariff-dispute-forces-rerouting-of-vessels-disrupting-global-shipping/