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    Home > Headlines > Shipping firm Maersk expects continued US growth but warns of rising uncertainty
    Headlines

    Shipping firm Maersk expects continued US growth but warns of rising uncertainty

    Published by Global Banking & Finance Review®

    Posted on April 2, 2025

    2 min read

    Last updated: January 24, 2026

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    Quick Summary

    Maersk anticipates US growth but warns of potential trade disruptions from new tariffs, affecting global supply chains and consumer confidence.

    Maersk Sees US Growth, Warns of Tariff Uncertainty

    By Stine Jacobsen

    COPENHAGEN (Reuters) -Danish shipping company Maersk has benefited from robust U.S. demand so far this year and expects that to continue, though the outlook could be clouded by U.S. President Donald Trump's tariff plans, it said on Wednesday.

    Maersk's regular global market outlook was published before Trump is expected to announce fresh tariffs later on Wednesday against nations that have duties on U.S. goods.

    "U.S. growth is (the) main scenario, but volatile geopolitics cloud economic visibility," the company said.

    Trump's new tariff plans have put the shipping industry on edge as it contemplates the possibility of suppressed transport demand in a brewing trade war.

    Maersk, one of the world's largest container shipping groups, cautioned that the looming U.S. tariffs could curb global trade flows despite the robust start to 2025. The company said it was monitoring early indicators of what could be slowing momentum in global supply chains.

    "With regard to tariffs, the situation remains unpredictable," Maersk said, adding that February data showed a continuing expansion of U.S. inventory levels.

    Ongoing and potential tariffs are causing shifts in inventory strategies, with some businesses accelerating imports and securing additional storage space, it added.

    The company highlighted declining U.S. consumer confidence over four consecutive months as a specific concern.

    "Consumers reacting to perceived risks and financial uncertainty can ultimately lead to cautious spending, which in turn can bring further ripple effects," it said, referring to U.S. influence on the global economy.

    The company's data showed that China's share of global container exports increased to an estimated 36% in 2024 from 32% in 2019.

    (Reporting by Stine JacobsenEditing by Terje Solsvik and David Goodman)

    Key Takeaways

    • •Maersk expects continued US growth in 2025.
    • •Potential US tariffs could affect global trade.
    • •US consumer confidence has declined for four months.
    • •Businesses are adjusting inventory strategies.
    • •China's share of global exports has increased.

    Frequently Asked Questions about Shipping firm Maersk expects continued US growth but warns of rising uncertainty

    1What is the main topic?

    The article discusses Maersk's expectations for US growth and the potential impact of US tariffs on global trade.

    2How could tariffs affect Maersk?

    Tariffs could lead to suppressed transport demand and affect global trade flows, impacting Maersk's operations.

    3What is Maersk's concern about US consumer confidence?

    Maersk is concerned that declining US consumer confidence could lead to cautious spending and affect the global economy.

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