Under Trump 2.0, the logistics industry “has such a bright future that you must wear sunglasses”

Sunny Worldwide Logistics 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~

According to CCTV News, on November 25, local time, US President-elect Trump announced that after taking office on January 20, he would impose a 25% tariff on all products from Mexico and Canada entering the United States. In addition, Trump also announced that he would impose a 10% tariff on all goods imported from China.

Sri Laxmana, vice president of U.S. freight forwarding giant C.H. Robinson, said, “Less than 24 hours after the news came out, many customers flocked to ask to discuss possible risks and response options, especially those from Mexico and Canada. goods."

Under the influence of multiple factors such as the "Trump 2.0" tariff policy, the continued rise of the U.S. dollar, and geopolitical uncertainty, some analysts believe that this may lead to "panic stockpiling" by U.S. importers, that is, in response to the uncertainty Take pre-emptive measures.

He pointed out that although shipping in advance seems to be an effective response strategy, it depends on the industry. Especially for "just in time" industries (such as automobiles), it is not easy to stock up on goods in advance.

In fact, one of the key factors in the advancement of this year's "peak season" is that U.S. importers are "rushing to ship" before potential tariffs are implemented. Shippers speeding up transportation arrangements for imported goods will lead to tight space and further increase pressure on logistics infrastructure.

It is widely believed that Trump’s Tariffs 2.0 have increased pressure on already fragile supply chains, but it is too early to say how the tariffs will affect global trade and supply chains.

A DSV spokesperson said, "So far, we have not seen any significant changes in trade patterns. Many shippers speculating on Trump's victory have already started shipping in advance, and this is still the case."

DSV also pointed out that the countries Trump wants to impose tariffs are very close trading partners of the United States.

"The United States, Mexico and Canada are interdependent on each other for trade, and new tariffs will naturally affect different industries," DSV said.

Danske Bank analyst Allan von Mehren said tariffs on Mexico would mean fewer U.S. companies looking to Mexico as a producer.

"Ultimately, Trump wants to bring manufacturing back to the United States, but this will lead to a significant increase in production costs and higher prices for American consumers."

However, American consumers, especially those in the auto industry, will pay a "huge price."

DSV pointed out that although on the surface, many companies are "rushing to ship" in response to the threat of tariffs, this "front-loading demand" strategy may trigger another crisis: causing demand to shrink. "Panic hoarding" may lead to a significant increase in supply chain liquidity in the short term, but rising consumer costs and the potential negative impact on GDP may ultimately lead to a long-term decline in market demand and sales.

Vespucci Maritime analyst Lars Jensen said that for many shippers, the so-called "rush to ship" may be too late.

He pointed out that shipping time from Asia to the eastern United States currently takes 63 days. "That means it's already too late for importers going through East U.S. ports."

Regardless, “Trump 2.0” creates a high degree of uncertainty for shippers and global trade.

Sri Laxmana said, "Similar to other supply chain challenges, C.H. Robinson is focused on scenario planning to ensure that efficiency does not drop as before."

DSV said, “We are in close dialogue with our customers and are ready to help them diversify their supply chains and find transportation solutions in a changing world.”

In short, like it or not, past experience shows that in an era of uncertainty and trade fragmentation, the more strikes, sanctions, regulations and disruptions are more numerous and complex, the greater the value creation capabilities of freight forwarders because they We are the provider of logistics solutions.

As far as the logistics industry is concerned, to paraphrase Timbuk 3, “The future is so bright, I have to wear sunglasses.”