Donald Trump’s decision to put a red line through some key trade agreements could turn the dry bulk market into a shipping safe haven, Arctic Securities says.
One of Trump’s first acts in the White House was to withdraw from the Trans-Pacific Partnership while pledging to renegotiate the North American Free Trade Agreement.
Erik Nikolai Stavseth and Andreas Wikborg of Arctic says the dry cargo market’s limited dependence on the US could work in its favour, while the dust settles around the new president in the Oval Office.
