AP Moller-Maersk’s chief executive played down the potential impact of a proposed US duty on Chinese-built ships.

Vincent Clerc’s comment came after new President Donald Trump issued a sweeping order to consider tariffs across US trade relationships.

And it followed a report by the administration of outgoing President Joe Biden accusing Beijing of “unreasonable” support for its shipyards and maritime sector, as part of a probe in which a port fee on Chinese-built tonnage has been proposed.