Wakool Weekly News

On 12 July 2025 President Trump detonated the next stage of the trade war, slapping 30 percent tariffs on every good entering the United States from the European Union and Mexico and confirming a 50 percent duty on all copper imports, effective 1 August. The surprise move—announced just as annual customs revenues topped an unprecedented $100 billion—threatens to up-end the USMCA, fracture trans-Atlantic supply chains, and super-charge inflation at home.

In the final week of June, global logistics was hit by a triple shock: trans-Pacific spot rates fell more than 20 %, China-Europe trains hit the 110,000-service milestone, and MSC moved to acquire Romania’s Mangalia yard to lock in European shipbuilding capacity. With global port congestion touching 96 % and U.S.–China tariffs frozen at a steep 55 %, the industry now faces a “high-cost, highly diversified” supply-chain era for the rest of 2025.