A storm breaks out! Shipping is under attack! Is a global shipping storm coming?
Sunny Worldwide LogisticsIt is a logistics company with more than 20 years of transportation experience, specializing in markets such as Europe, the United States, Canada, Australia, and Southeast Asia. It is more of a cargo owner than a cargo owner~
In the ever-changing international political and economic arena, every major event may have a profound impact on the global trade pattern.
With Donald Trump declared winner of the U.S. presidential election, it's a critical moment for countries reliant on international trade.Shipping industry,global logistics,freight forwarding companyand evenentire supply chainAll havefar-reaching potential impact.
Trump adopted a tougher tariff policy on Sino-US trade during his previous term, which had a huge impact on the global shipping industry and foreign trade import and export. If he is re-elected, similar measures may be taken further,Extend or increase tariffs on Chinese products.
Such a policy will reduce the cargo volume on the trans-Pacific route, leading to a possible reduction in Sino-US trade, thus reducing the demand for cargo exported from China to the United States.
However, such a policy may also prompt China's manufacturing industry to continue to deepen its "diversified" market strategy, increase its reliance on markets such as Southeast Asia and Europe, and promote cooperation with countries related to the "Belt and Road Initiative" to cope with fluctuations in the U.S. market.
If Trump's policy continues the "decoupling" strategy, the global supply chain may further shift to Southeast Asia, India and other regions. This could lead to more complex supply chains, requiring more ocean freight services to meet demand. That could lead to a surge in shipments of goods before the tariffs take effect to get products in before they are slapped with higher import duties. This may have a short-term impact on the shipping industry.
Including the Red Sea crisis, the Middle East conflict and the Russia-Ukraine conflict, there may be diversionary changes after he comes to power, affecting the supply and demand relationship in the shipping market.
Trump’s policies could lead to greater disruption in the global economy, affecting the global trading system and, in turn, the maritime industry. Global trade uncertainty and tensions may have a negative impact on the shipping market.
Under the influence of Trump's policies, Mexico is gradually establishing its position as an important logistics center between China and the United States. This shift not only reflects profound changes in the global trade pattern, but alsoIt has brought new development opportunities and challenges.
In order to make full use of the trade preferences provided by the United States-Mexico-Canada Agreement (USMCA) and effectively avoid the high tariffs imposed by the United States on Chinese goods, many multinational companies have chosen to transfer production links from China to Mexico.
Affected by this, the container trade volume between China and Mexico has increased significantly, with a growth rate of 26.2%. This data fully demonstrates the huge potential of Mexico as an emerging logistics center.
Mexico is strategically located close to the United States and has convenient land and sea transportation networks. This makes Mexico an important bridge connecting the trade between China and the United States. As Sino-US trade relations become increasingly tense, Mexico’s logistics advantages have become increasingly prominent. Many freight forwarding companies have begun to re-examine their business layout and regard Mexico as an emerging market full of opportunities.
Logistics traffic at the U.S.-Mexico border continues to rise, reaching record highs. Among them, Laredo, Texas, has become an important logistics center for Sino-US trade due to its unique geographical location and complete logistics facilities.
A large number of freight forwarding companies, warehousing facilities and transport vehicles are gathered here, providing strong support for trade between China and the United States. Laredo's logistics industry not only promotes the prosperity of the local economy, but also brings new growth points to the global freight forwarding industry.
However, as Mexico's logistics advantages become increasingly prominent, many multinational companies that originally relied on Chinese freight forwarding companies for international logistics may choose to transfer their operations to Mexican freight forwarding companies. This may cause Chinese freight forwarding companies to face the risk of losing business, especially those that mainly serve multinational companies.
Overall, with Trump re-elected as President of the United States, the global shipping industry may face many challenges and opportunities. Changes in global trade policies, reconfiguration of supply chains, shifts in shipping demand, fluctuations in transportation costs, and shipping safety challenges will all reshape the shipping market. We will wait and see how it will develop in the future.
