The tariff war that emerges on the horizon of international trade already agitates the waters of maritime transport and makes sense some of the largest ports in Europe - this is the case of Antwerp. The port, a strong reference in the export of steel to the US, is at the forefront of the exhibition in the case of tightening protectionist measures by Donald Trump.

 

 

The Belgian port, in which about half of European steel exports are destined for the US, could be heavily affected by the imposition of increased rates on steel and aluminum imports from Europe (other nations will include the lot of this protectionist Trump) who are preparing to be decreed. European Union retaliatory measures are expected. The United States is expected to join North American nations like Mexico and Canada, as the protectionist policies of the controversial US president will also affect both, which will disintegrate the North American Free Trade Agreement (NAFTA) . Recall that at the last G7 meeting last Saturday, Trump was cut off because of the inflexibility with which he defended his policy of protectionism, which was the target of criticism from Justin Trudeau, the prime minister of Canada.

 

 

The port of Antwerp is the major focus of steel handling in the old continent - through the Belgian port more than 1 million tonnes of this raw material were exported to the USA in 2016 and 2017.

 

 

 

Source, Revista Cargo.