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Hapag-Lloyd CEO warns of 'particularly tough' tariffs due to U.S. exposure

Hapag-Lloyd CEO warns of 'particularly tough' tariffs due to U.S. exposure

Reuters30-04-2025
BERLIN, April 30 (Reuters) - The trade policy of U.S. President Donald Trump is particularly tough on German shipping company Hapag-Lloyd (HLAG.DE), opens new tab because of the high proportion of volumes related to the United States in global freight, the chief executive said on Wednesday.
Rolf Habben Jansen said 22% of global container freight and around 27% of Hapag's own cargo volume was connected to the U.S., adding, "Against this backdrop, U.S. tariffs are particularly tough."
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