HomePublicationsILOS in the PressConflict in the Middle East increases the impact of the "Trump cost" on the global economy.

Conflict in the Middle East increases the impact of the "Trump cost" on the global economy.

Source: O GLOBO

The Trump-related cost in global maritime freight could still be pressured by increased demand for transportation if the war triggers a rush by industries to increase raw material stockpiles as a precaution, says Mauricio Lima, managing partner at Ilos Consultoria.

The increased demand for transportation services could stem from a surge in export flows from China to the US, following the US Supreme Court's ruling that a large portion of the tariffs imposed by Trump are unconstitutional, says Rodrigo Viti, commercial director of Allog, a logistics solutions company for foreign trade.

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