US is at a standstill due to uncertainty caused by Trump

The US import market is “almost paralyzed” because of the uncertainty arising from President Donald Trump’s announcement to raise tariffs on imported agricultural products starting April 2. “It could cause a huge financial disruption. Imagine an importer closing a 10-container deal at US$1 million, only to suddenly face an extra US$250,000 in unplanned tariffs. It’s a big blow, and this is a low-margin business,” a market operator told WBR.