The Global Shippers’ Alliance (GSA) has taken a dim view of tariffs on trade, warning that a trade war would threaten the global economy and calling on world leaders to work instead toward cutting the red tape constricting international business.
At its general assembly in Hong Kong this week, the Asian Shippers’ Alliance, the European Shippers’ Council, and the American Association of Exporters and Importers came together to discuss rising protectionism, led by the United States, which has levied tariffs on steel and aluminum and sparked retaliatory tariffs by China on US products.
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