Investors nervous following Donald Trump’s latest tariff on $300bn worth of Chinese goods were unloading shares in the world’s largest shipowner AP Moller-Maersk today.
The selldown of stock in a company which had been vocal about its concerns around the impact of trade tensions comes amid a broader market retreat.
Other major shipping stocks were also under selling pressure today after Trump’s latest actions, which has led to a drop in stock markets, currency and the price of oil.
