GCTL8.com (FocusAsia Media Ltd)

LONDON, Feb 7 (FAM) – Despite considerable additional risk to international trade outlook from new US president Donald Trump’s protectionist rhetoric, container shipping analyst Drewry believes the eventual real-world impact on container trades of his stated policies will be minimal.

In the latest of Drewry’s Container Insight Weekly reports, published yesterday, the analyst said Trump had raised fears of protectionism and reduced trade, but questioned the extent to which the rhetoric is “just hot air” – and whether trade liberalism really benefits container trade.

It said withdrawing from the Trans-Pacific Partnership (TPP) deal was widely expected, with defeated Democratic Party nominee Hillary Clinton also lukewarm on the issue, but noted that some his other actions have added to concerns that Trump is sending America headfirst into a protectionist trade war.

 

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