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Evening Standard
Evening Standard
Business
Anna Wise

Trade tensions and tariffs pushing down shipping rates, Clarksons says

Clarksons United States London Stock Exchange

Shares in the world’s largest shipping broker have dived by nearly a fifth after warning that the shipping market was being rocked by an uncertain geopolitical future marred by global conflicts, trade tensions, and tariffs.

Clarksons, which is listed on the London Stock Exchange, said 2025 had started with even more uncertainty than previous years, amid new tariff plans introduced by US President Donald Trump.

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