Published by Global Banking & Finance Review®
Posted on May 12, 2025
1 min readLast updated: January 23, 2026
Maersk praises the US-China tariff pause, boosting shares by 12.9%. The company hopes for a lasting trade deal.
COPENHAGEN (Reuters) -Danish shipping group Maersk said on Monday that the agreement between China and the United States to introduce a 90-day pause on tariffs and reciprocal duties was a step in the right direction.
Shares in Maersk traded 12.9% higher at 0948 GMT.
"We hope it can lay the foundation for the parties to also reach a permanent deal that can create the long-term predictability our customers need," the company said in an emailed statement.
"Right now, our customers have gotten 90 days of clarity with reduced tariffs, and we are working hard to help them make the best use of this window," it added.
(Reporting by Jacob Gronholt-Pedersen, editing by Louise Breusch Rasmussen)
The main topic is the US-China trade deal and its impact on Maersk.
Maersk shares increased by 12.9% following the trade deal announcement.
Maersk hopes for a permanent trade agreement between the US and China.
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