Bloomberg cautions against Trump's tariff suggestions.

According to Bloomberg Intelligence, President-elect Donald Trump's anticipated policy changes, including increased tariffs, may reduce demand for container-shipping services by 2025. The current order book for container ships is significantly higher than pre-pandemic levels, driven by profitability during the pandemic. However, new ship deliveries and economic uncertainty could pressure freight rates and profitability, especially for companies like Maersk, which may face a cash burn next year. Additionally, inflation and geopolitical risks could weaken consumer demand, further impacting the industry.