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Shares of Danish shipping giant Maersk, a bellwether for global trade, posted substantial gains on Thursday morning, rallying after U.S. President Donald Trump's 90-day pause on higher tariffs for ...
COPENHAGEN (Reuters) -Danish shipping company Maersk has benefited from robust U.S. demand so far this year and expects that to continue, though the outlook could be clouded by U.S. President ...
Maersk: Lowering Fair Value on Tariffs Uncertainty, but Worst-Case Scenario Implies Greater Downside
President Donald Trump shifted his tariff policy on April 9, levying a 145% tariff on China and a flat 10% tariff on all other countries for the next 90 days. Maersk shares have fallen 22% this year.
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