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Business

Shipping stocks sink on tariffs, proposed huge levies on port calls by Chinese-built ships

Apr. 05, 2025 8:20 PM ETFrontline plc (FRO) Stock, KEX Stock, , , , , , , , , , , , , , , , , , By: Carl Surran, SA News Editor
Aerial View of Crude Oil Tanker and Storage Tanks

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Shipping shares joined the broader stock market carnage on Friday after China responded to President Trump’s tariffs with its own retaliation, with most names in the sector sinking at least 5%, as reported by TradeWinds.com.

China announced additional tariffs of

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2025-04-05 19:20:37

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