Tariffs Make Life Even Tougher for World’s Biggest Shipping Company
- Shares in world’s biggest shipping firm are down 30% this year
- Analysts say Maersk share price hasn’t reached the bottom yet
The A.P. Moeller-Maersk A/S Missouri container ship sits docked at the Port of Virginia APM Terminal in Portsmouth, Virginia.
Photographer: Luke Sharrett/Bloomberg
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A.P. Moeller-Maersk A/S may struggle to make a profit this year after the U.S. and China descended into a trade war that promises to hurt the world’s biggest shipping company.
Read all about the tariff war between the U.S. and China