Stephen Fodor
Trump vs. Biden: How the winner could affect ocean shipping
October 15, 2020
(Freightwaves) The outcome of the U.S. election will steer stimulus spending, energy policy, trade relations, geopolitics and environmental regulation — and consequently, ocean freight rates — for years to come.
With just three weeks to go, financial analysts are weighing in on potential fallout.
On one end of the spectrum lies a relative status quo. On the other, a “blue sweep,” in which Joe Biden defeats Donald Trump for the presidency and Democrats retain the House and take a slim lead in the Senate.
“All told, the fate of shipping could come down to who wins the presidency, along with all the other macro factors that drive demand,” said Jon Chappell, shipping analyst at Evercore ISI.
To Read More: https://www.freightwaves.com/news/trump-vs-biden-how-next-president-could-affect-ocean-shipping
If you have any questions please contact us at info@tradelogicintl.com
Recent Posts
See AllThe owner of a U.S. based import business faces a maximum penalty of five years in prison, a $250,000 fine, a three-year term of supervised release, and a payment of $1,090,000 in restitution. The imp
To help you keep up to date on topics the impact the U.S. international trade community, be sure to read my latest newsletter and subscribe for future updates too. https://www.linkedin.com/posts/trade
Unless Congress acts quickly, the duty exclusions currently in place for certain products imported from China are set to expire on Dec. 31st. Importers who currently enjoy these exclusions on their pr