Maersk says new trade routes offset impact of US sanctions
US consumers determine the impact of trade sanctions on container shipping, not the tariffs themselves, and those consumers are in a happy mood, says Maersk's Søren Skou, who expects global trade to keep growing despite tensions and protectionist pressures
More than 80% of the volume decline in container traffic from China to the US has been compensated for by growth in cargo from Southeast Asia as manufacturing moves to alternative locations
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