The recent U.S.-China agreement to pause tariff hikes and temporarily roll back some duties is being met with cautious optimism across the global supply chain. Reactions have come from shipping firms, industry groups, and financial analysts, all pointing to the same thing: relief in the short term, but questions about what happens after the 90-day window.
“This is a step in the right direction,” Maersk said in a statement, adding that it hopes the agreement leads to “a more stable and predictable environment for customers.”
Shipping Carriers Welcome the Reprieve
CMA CGM also praised the agreement. “This truce shows that dialogue is still possible between the two largest economies in the world,” the company said. “This is good news for global trade and for shipping.”
Hapag-Lloyd echoed that sentiment, telling Reuters it expects an uptick in container bookings on trans-Pacific lanes, especially ahead of peak season.
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