Maersk Shares Hit Hard by New US Tariffs

In a dramatic response to sweeping new US tariffs, shares of Danish shipping giant AP Moller – Maersk A/S plummeted by 10% on Thursday. This significant drop extends the company's recent losses, highlighting the fragile state of global markets in the face of escalating trade tensions.

The Trigger Behind the Market Turmoil

The downturn was sparked by President Donald Trump's announcement of broad-based import levies, including a hefty 20% tariff on goods from the European Union. As a global trade bellwether, Maersk finds itself particularly vulnerable to the anticipated slowdown in international freight volumes.

Market Reaction

By 12:57 pm CET, the impact was clear: Maersk's Series A stock had fallen 9.5% to 10,550 Danish kroner, while the Series B shares slid nearly 10% to 10,655 kroner, underscoring the widespread concern among investors.