Tariffs continue to be a hot topic in the world of international trade these days. The ongoing trade war with China over trade imbalance and intellectual property theft, the recent threats of a trade war with Mexico over immigration, recent tanker attacks in the Gulf of Oman have led to increased tensions (and sanctions) with Iran, support of Britain on a hard Brexit without a formal trade deal negotiated, etc., all signal the instability that appears to be so prevalent in the international shipping industry today.
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