Introduction
The maritime industry is bracing for potential disruptions as President Donald Trump signals plans to impose tariffs of up to 25% on Mexico and Canada. These tariffs, aimed at curbing the flow of undocumented migrants and drugs, could have profound implications for the maritime sector, which is crucial for US energy imports and auto supply chains. This blog post explores the potential impact of these tariffs on the maritime industry and the broader trade dynamics under the US-Mexico-Canada Agreement (USMCA). (more…)