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Hapag-Lloyd CEO warns of 'particularly tough' tariffs due to U.S. exposure
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Hapag-Lloyd CEO warns of 'particularly tough' tariffs due to U.S. exposure
May 25, 2025 9:34 PM

BERLIN, April 30 (Reuters) - The trade policy of U.S.

President Donald Trump is particularly tough on German shipping

company Hapag-Lloyd ( HLAGF ) 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."

(Reporting by Elke Ahlswede, writing by Rachel More, editing by

Thomas Seythal)

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