Trump and Shipping

On January 20th, 2017, Republican Donald J Trump became the 45th president of the United States after his election triumph over Democrat Hillary Clinton. The unexpected outcome of the November 8 presidential election raised many questions and in the months since the Fairplay team has been assessing the shipping implications.

News & Analysis

An agricultural field in South America
10 Sep 2018
Brazil plays a vital role in the global trade of grains, and exports to China are rising, filling the gap left by the United States.
A strong dollar is expected to hit trading in oil and gas sector.
23 Jan 2017
The complexity of markets may come to frustrate President Trump’s ambitions in the oil industry if the strong dollar persists; the medium-term consequences could mean a hit on trade in crude that could have knock-on effects on other industries.
15 Dec 2016
As Donald Trump unveils his cabinet nominations, the regulatory landscape is looking better and better for the American maritime sector.
Image of Wilbur Ross.
30 Nov 2016
US president-elect Donald Trump has officially confirmed that billionaire Wilbur Ross – who has significant holdings in the shipping sector – will be the nominee for secretary of commerce.
Elaine Chao
30 Nov 2016
Former minister with family links to shipping is top pick to head the US Department of Transportation.
US president-elect Donald Trump
23 Nov 2016
The win for US president-elect Donald Trump has dealt another blow to the marine insurance market’s confidence in restoring closer business links with Iran.

Commentary

No president in recent times has made trade such a high priority and none has had a stated objective of rolling back trade deals rather than expanding them.

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