Maersk CEO Reveals ‘Ironic’ Twist in U.S. Trade War With China

The man running the world’s largest container-shipping company says he has access to data that shows Donald Trump has so far failed to wean the U.S. off Chinese imports.

Soren Skou, the chief executive of A.P. Moller-Maersk A/S, says Chinese exports to the U.S. actually grew 5-10 percent last quarter. Meanwhile, U.S. exports to China fell by 25-30 percent.

About George W. Thompson

George W. Thompson specializes in export and import regulation and international business counseling. He is an Adjunct Professor at George Mason University School of Policy, Government, and International Affairs. He has written several important works on international trade including "Transnational Contracts" published by Thomson Reuters, "Intellectual Property Rights and United States International Trade Laws" (co-Author) published by Oceana Publications, and "Exporting: Regulations, Documentation, Procedures" published by the Global Training Center.

He can be reached by email at gwt@gwthompsonlaw.com or by phone at 202-772-2039. His office address is Thompson & Associates, PLLC,1050 Connecticut Avenue NW, Suite 500, Washington, DC 20036.

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About George W. Thompson