Costas Paris

Well, it is quite a big deal for shipping. If any of this is adopted, it will certainly hit U.S. importers and exporters. To put it in practical terms, as far as container vessels are concerned, which move consumer goods, it will add about $50 to $100 to the cost of shipping a container to the United States.

Well, it is quite a big deal for shipping. If any of this is adopted, it will certainly hit U.S. importers and exporters. To put it in practical terms, as far as container vessels are concerned, which move consumer goods, it will add about $50 to $100 to the cost of shipping a container to the United States.

It would be a significant hit because rates are very, very volatile. They could go down to around $2,500. And it is not only the $50 to the $100 will be added. It is also delay, which creates more expenses and more charges. The whole logistical chain is going to be rattled by this.

It would be a significant hit because rates are very, very volatile. They could go down to around $2,500. And it is not only the $50 to the $100 will be added. It is also delay, which creates more expenses and more charges. The whole logistical chain is going to be rattled by this.

it would mainly affect American importers and exporters, not so much Chinese companies. Amazon, Walmart, Home Depot, Target, all the big American retailers, and everything else that comes from abroad, everything from spare tires to electronics to furniture, basically everything we have in our house or in our car or in our office.

it would mainly affect American importers and exporters, not so much Chinese companies. Amazon, Walmart, Home Depot, Target, all the big American retailers, and everything else that comes from abroad, everything from spare tires to electronics to furniture, basically everything we have in our house or in our car or in our office.

The whole purpose of this was to try to stop the dominance of Chinese shipping and Chinese shipbuilding. That has happened a number of times in the past. The last time was during the Biden administration. So the Trump administration took that probe, that study, and they moved it forward. And now it looks like

The whole purpose of this was to try to stop the dominance of Chinese shipping and Chinese shipbuilding. That has happened a number of times in the past. The last time was during the Biden administration. So the Trump administration took that probe, that study, and they moved it forward. And now it looks like

It's going to be more of a negotiating card in the tariff and the trade talks between the United States and China.

It's going to be more of a negotiating card in the tariff and the trade talks between the United States and China.

Thank you.

Thank you.