– The early months of the US Trump administration have disrupted global supply chains through investigations and initial tariffs, although frequent changes and unfulfilled threats are contributing to uncertainty.
– Muted industrial activity and rising trade protectionism are expected to limit global trade volume growth to just 0.9% in 2025, with a recovery to 2.2% anticipated in 2026. Ongoing conflicts in the Red Sea have led to 78% of containerships opting for the Cape of Good Hope route, further impacting shipping capacity and rates.
– In the second quarter, supply chain de...