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March 10, 2019

It turns out trade wars are not so easy to win. The Trump administration has had no real success with China, Canada and Mexico, and is in no real position to dictate to the European Union.

February 25, 2019

A lack of certainty makes life more complex for most people. Unfortunately, uncertainty is to be found everywhere one looks at present.

February 10, 2019

We have previously highlighted the difficulty of running economic forecasting models that cannot absorb the wild deviations caused by geo-political events. The impact of an administration caught up in trade disputes, border walls and government shutdowns in the United...

October 8, 2018

The reality of the Trump administration’s concerted attack on trade and its linkage of trade to the U.S. deficit is finally beginning to impact trading relations. We must be realistic and accept that Trump believes trade to be a bad thing when he expounds on “America F...

August 9, 2018

The back-and-forth incremental increases in US import tariffs and retaliations against US exports continued through July and into August.  Despite the stay in new US – European tariffs, the US has continued to expand the overall scope of import impediments, especially...

May 8, 2018

The risk of new US trade policy having rapid impacts on US container trade volumes this year seems to have dissipated some in April. The Trump Administration has adjusted their initial trade restriction announcements made earlier this year with exceptions and delays. T...

April 6, 2018


There is nothing good about a trade war. It is a vicious circle of retaliation where there are no winners, only losers. President Trump has managed to start such a war and as a result is knocking trillions of dollars in value off the stock markets and will potentially...

April 6, 2018

The first victims of the Administration’s trade war will be ocean carriers, ports, terminals, truckers, and railroads. There are seldom any winners in a trade war – although both sides will claim victory in the end – but there will surely be a loss of trade and damage...

March 9, 2018

Do the new US steel and aluminum import tariffs threaten the baseline forecasts of US import container volumes this year? That question is on the minds of shippers rightly fearing the effects of the new tariffs. The answer can’t be known given the path of retaliation a...

March 9, 2018

Fixation on the negative balance of payments in trade has created a clear and present threat to global trade. What started out as an announcement of tariffs on steel and aluminum by President Trump is rapidly turning into a potential trade war. The unnerving thing abou...

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