The world’s biggest shipping line sees other threats to trade besides the US-China fight



Yen Nee Lee | CNBC

  • Trade conflict between the U.S. and China is not the only threat to global import and export activities, said Soren Skou, chief executive of A.P. Moller-Maersk.
  • Additional risks include trade negotiations between the U.S. and the European Union, and potential changes in the Europe-China relationship, Skou added.

While the U.S. and China are negotiating a trade deal, the world’s biggest container shipping company is watching out for other problems between major economies.

One risk to import and export activity include the United States’ outstanding trade negotiations with the European Union. Another is the possibility of changes in the relationship between Europe and China, Soren Skou, chief executive of A.P. Moller-Maersk, said on Sunday.

“First of all, it’s pretty clear that the U.S. administration and EU have an outstanding discussion. It was kind of kicked to a corner last summer. While U.S. and China are negotiating, I’m sure that there’ll be a revival of discussions about car tariffs and what-not between the U.S. and Europe,” Skou told CNBC’s Eunice Yoon at the China Development Forum in Beijing.

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