USA-EU trade deal could cause ripple effects on shipping industry

As Washington and Brussels shake hands on a sweeping new trade agreement, the deal is widely seen as a strategic win for the United States and a potential operational headache for Europe’s already-strained ports.



The agreement, set to take effect on August 1, introduces a 15% baseline tariff on nearly all EU goods entering the US, a compromise from the previously threatened 30%. However, Transatlantic shipping could experience asymmetrical growth, putting logistical strain on import-handling capacity at European ports.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!