COPENHAGEN, July 2 (Reuters) - Maersk
estimates companies pay effective U.S. import tariffs of on
average 21% relative to container load, the Danish shipping
group said on Wednesday, less than half the rate before
Washington paused its sweeping tariffs in April.
Maersk said in a regular global market update that at its
peak, shortly after April 2 when President Donald Trump unveiled
tariffs against nearly all U.S. trading partners, the average
effective rate was 54%. Its estimate was based on the group's
container-weighted effective average tariff rate metric.
More than a dozen major U.S. trading partners are rushing to
reach agreements with the Trump administration by a July 9
deadline to avoid import tariffs jumping to higher levels.
In April, Trump put a 90-day pause on the stiff levies he
had announced just a week earlier that sent global financial
markets into a tailspin.
"The whole world is on tariff watch in July and August where
various deadlines for potential trade deals with the U.S.
expire," Maersk said.
"The outcome of these negotiations will of course colour
global trade and consumer sentiment in the months to come," it
added.
The company said it had seen robust container demand growth
in the first half of the year.
"What played out was not completely unexpected, and we did
see customers advance orders ahead of the tariff announcements,"
it said.
Maersk has seen many of its large U.S. customers reduce
import dependency on China in recent years.
"Many apparel and fashion customers have now reached
single-digit China dependency," it said.
"Other commodities like home improvements have a
significantly higher level of Chinese manufacturing due to the
nature of the goods," it added.
(Reporting by Jacob Gronholt-Pedersen and Louise Rasmussen;
Editing by Anna Ringstrom and Emelia Sithole-Matarise)