xeneta-scala

Trump tariffs put earthquake under airfreight market

Analyst Niall van de Wouw has described US President Trump’s ‘Liberation Day’ – in which he announced major tariff hikes on imports from most of the country’s trading partners as “a seismic shock” for e-commerce. De Wouw, who is Xeneta’s chief airfreight officer, said that the cargo market is reevaluating its future as shippers, forwarders, airlines, and consumers come to terms with the economic reality of new import taxes and a ... [+]