International carmakers are rushing to ship vehicles and core components to the US to get ahead of the next round of President Donald Trump’s tariffs, which threaten to wreak havoc automotive supply chains.
In response to requests from auto manufacturers, car-carrying vessels have been dispatched to Asia and Europe amid plans to carry “thousands” more vehicles than usual to the US, according to industry officials.
Lasse Kristoffersen, chief executive of the leading vehicle shipping line Wallenius Wilhelmsen, told the Financial Times that there was “more volume out of Asia than we’re able to take from our customers”.
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