How trade wars affect the shipping industry
TRADE WARS: WHAT TO EXPECT AND HOW THEY ARE CHANGING BULK SHIPPING ROUTES

Everyone is familiar with the tweets and threats which commenced after America’s tariffs on all imported washing machines and solar panels, imposed on January 2018 and, since then, have been escalated into a trade war mainly between USA and China; two of the three largest economies in the world. While (for now) a trade war between USA and Europe has been avoided the last minute with a bilateral deal, no-one is certain that such a war will not be expanded between more countries and affect the current global economic growth.