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Posted by
Two Blokes Apr 22 -
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#TwoBlokesTrading
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Rahul Kapoor, global head of shipping research at S&P Global Commodity Insights, says he expects to see a rise in freight rates, port congestion, and supply chain inefficiency as a result of US reciprocal tariffs and USTR port fees – however, the relatively lower demand support would prevent rates from reaching similar levels seen during Covid and the Red Sea crisis.