What the Ship (Ep117) | Tariffs | Energy | Containers | US Economic Strength | Suez & Panama

Video Description

What the Ship (Ep 117) | Trump Tariffs | Oil and Energy | Containers | US Economic Strength versus Mexico and Canada Tariffs | Suez and Panama Canal February 2, 2025 In this episode, Sal Mercogliano—a maritime historian at Campbell University (@campbelledu) and former merchant mariner — reviews the top 5 maritime stories as of February 2, 2025. #supplychain #tariffs #energy #containership #Mexico #Canada #China #Suez #Panama Support What's Going on With Shipping via: Patreon: www.patreon.com/wgowshipping Twitter: @mercoglianos Bluesky: @mercoglianos.bsky.social Facebook: @wgowshipping Email: [email protected] Spotify: https://open.spotify.com/show/0B9AHrs2P9OPA8ulM3EJ2u 00:00 Introduction 1:02 1. Trump Tariffs Fact Sheet: President Donald J. Trump Imposes Tariffs on Imports from Canada, Mexico and China https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-imposes-tariffs-on-imports-from-canada-mexico-and-china/ IMPOSING DUTIES TO ADDRESS THE FLOW OF ILLICIT DRUGS ACROSS OUR NORTHERN BORDER https://www.whitehouse.gov/presidential-actions/2025/02/imposing-duties-to-address-the-flow-of-illicit-drugs-across-our-national-border/ Trump trade war 2.0: What are the pros and cons for shipping? https://www.lloydslist.com/LL1152437/Trump-trade-war-20-What-are-the-pros-and-cons-for-shipping Trump’s Trade War Redux Provokes Sharp Industry Response, While China ‘Breathes Sigh of Relief’ https://gcaptain.com/trumps-trade-war-redux-provokes-sharp-industry-response-while-china-breathes-sigh-of-relief/ United States Trade With the World https://ustradenumbers.com/united-states/ Buyer Beware: Bad Actors Exploit De Minimis Shipments https://www.cbp.gov/frontline/buyer-beware-bad-actors-exploit-de-minimis-shipments 3:44 2. Oil and Energy Market Snapshot: Almost all Canadian crude oil exports went to the United States in 2023 https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2024/market-snapshot-almost-all-canadian-crude-oil-exports-went-to-the-united-states-in-2023.html?t Energy trade value between Mexico and the United States fell in 2023 on lower fuel prices https://www.eia.gov/todayinenergy/detail.php?id=62465&t Trump’s Oil Tariffs A Boost For European And Asian Refiners https://gcaptain.com/trumps-oil-tariffs-a-boost-for-european-and-asian-refiners/ 07:12 3. Containers Ocean Freight Rates Expected to Drop as Middle East Ceasefire Takes Effect https://gcaptain.com/ocean-freight-rates-expected-to-drop-as-middle-east-ceasefire-takes-effect/ Drewry's World Container Index - 30 Jan https://www.drewry.co.uk/supply-chain-advisors/supply-chain-expertise/world-container-index-assessed-by-drewry Hapag-Lloyd Reports Strong 2024 Results Ahead of Gemini Launch https://gcaptain.com/hapag-lloyd-reports-strong-2024-results-ahead-of-gemini-launch/ Maersk and Hapag-Lloyd Launch Gemini Cooperation, Reshaping Global Container Shipping https://gcaptain.com/maersk-and-hapag-lloyd-launch-gemini-cooperation-reshaping-global-container-shipping/ What shippers should know about ocean carrier alliance changes in 2025 https://www.freightwaves.com/news/what-shippers-should-know-about-ocean-carrier-alliance-changes-in-2025 Global liner alliances retrench https://splash247.com/global-liner-alliances-retrench/ 10:58 4. US Economic Strength Surging Container Imports Signal U.S. Economic Strength https://gcaptain.com/surging-container-imports-signal-u-s-economic-strength/ Mexico and Canada strike back with retaliatory tariffs on US https://www.freightwaves.com/news/mexico-and-canada-strike-back-with-retaliatory-tariffs-on-us 13:51 5. Suez and Panama Canals Rubio In Panama For Canal, Migration Talks https://gcaptain.com/rubio-in-panama-for-canal-migration-talks/ Suez Canal Authority Says Stability Returning To Red Sea https://gcaptain.com/suez-canal-authority-says-stability-returning-to-red-sea/ 17:13 Conclusion