{"id":94357,"date":"2025-05-30T15:10:39","date_gmt":"2025-05-30T18:10:39","guid":{"rendered":"https:\/\/murray.adv.br\/?p=94357"},"modified":"2025-05-30T15:11:20","modified_gmt":"2025-05-30T18:11:20","slug":"tariff-war-sends-shipping-rates-soaring-in-brazil","status":"publish","type":"post","link":"https:\/\/murray.adv.br\/en\/tariff-war-sends-shipping-rates-soaring-in-brazil\/","title":{"rendered":"Tariff war sends shipping rates soaring in Brazil"},"content":{"rendered":"<section class=\"content--header\">\n<div class=\"row content-head non-featured \">\n<div class=\"title\">\n<h6 class=\"content-head__title\" style=\"text-align: center\"><em><strong>Import costs from Asia nearly quadrupled in two weeks as U.S.-China truce begins<\/strong><\/em><\/h6>\n<\/div>\n<\/div>\n<div class=\"content__signa-share\">\n<div class=\"content__signature\">\n<div class=\"content-publication-data\">\n<div class=\"content-publication-data__text\">\n<div class=\"content-publication-data__from\"><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"content-publication-data__updated\">05\/30\/2025<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<div id=\"mc-article-body\" class=\"mc-article-body \">\n<article>\n<div class=\"no-paywall\">\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"72\" data-block-id=\"1\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The tariff war between the United States and Chia has triggered a sharp spike in maritime freight costs in Brazil over the past two weeks, following the announcement of a 90-day truce between the two countries. According to data from consultancy Solve Shipping, import rates from Asia to Brazil are expected to reach $4,000 per container in June, almost four times higher than in April, when the tariffs were first announced.<\/p>\n<\/div>\n<div class=\"wall protected-content\">\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"30\" data-block-id=\"2\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The surge stems from the temporary reduction in tariffs, which has led to the diversion of ships and containers to the U.S.-China route, explained Leandro Barreto, partner at Solve Shipping.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"91\" data-block-id=\"3\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">\u201cWhen the tariffs were first announced, many voyages between the U.S. and China were canceled, driving global freight rates down. Initially, the trade war pulled freight rates lower, but now there\u2019s a backlog of cargo, and within these 90 days, it\u2019s like trying to push an elephant through the eye of a needle,\u201d Mr. Barreto said. \u201cRetailers in the U.S. are expected to restock inventories for Black Friday and Christmas during this window because no one knows what will happen afterward. As a result, ships from other routes are being redeployed.\u201d<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"34\" data-block-id=\"4\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">In just one week, Asia-Brazil freight rates jumped more than 100%, reaching around $3,300 per container, according to Andrew Lorimer, CEO of consultancy Datamar. He expects prices to continue rising in the coming weeks.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"34\" data-block-id=\"5\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">\u201cShipping companies have moved up the General Rate Increase [GRI], which is typically applied during peak demand periods\u2014in Brazil, between July and September, when companies stock up for the Christmas season,\u201d Mr. Lorimer explained.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"19\" data-block-id=\"6\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The market is already seeing reports of blank sailings\u2014canceled voyages\u2014by shipping companies, indicating a reduction in available vessel capacity.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"16\" data-block-id=\"7\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Moreover, container shortages are beginning to emerge and could also impact export routes, Mr. Lorimer said.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"66\" data-block-id=\"8\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Mr. Barreto also warned of the risk of a shortage, especially of refrigerated containers. \u201cAt this time of year, reefer containers are already in short supply due to harvests in other regions, so the situation could worsen,\u201d he warned. One mitigating factor might be a decline in Brazilian demand due to the avian flu outbreak, which could curb exports and ease upward pressure on freight rates.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"43\" data-block-id=\"9\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">The price surge marks the first significant impact of the tariffs on freight costs in Brazil. Earlier this year, imports were on the rise. Between January and April, container imports grew 10.7% year-over-year, totaling 1.136 million TEUs (twenty-foot equivalent units), according to Datamar.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"55\" data-block-id=\"10\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">David Pinheiro, partner at Cargo Sapiens, believes demand increased primarily after the tariff announcement in April. \u201cThere was a shift of Chinese exports away from the U.S. to other markets, including Brazil,\u201d he said. Mr. Lorimer, however, cautions that it is unclear whether the early-year rise in imports can be directly linked to the tariffs.<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"46\" data-block-id=\"11\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Expectations are that freight rates will remain high during the 90-day truce. For Mr. Lorimer, the major question is what will happen afterward. \u201cPossibly, trade agreements will be established by then, which could ease freight rates. Nonetheless, this issue will likely see some back and forth.\u201d<\/p>\n<\/div>\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"71\" data-block-id=\"12\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Another important factor is how tariff negotiations between the U.S. and Europe will unfold, as European ports are already facing congestion for other reasons. \u201cIt\u2019s a large market, and an agreement has not yet been reached, which raises uncertainties. There\u2019s already significant congestion in Europe due to low river levels and labor shortages, complicating the entire freight environment, worsening the container and vessel shortage, and pushing prices higher,\u201d Mr. Lorimer said.<\/p>\n<\/div>\n<div data-track-category=\"multicontent\" data-track-action=\"ultimo chunk conteudo\" data-track-noninteraction=\"false\" data-track-scroll=\"view\">\n<div class=\"mc-column content-text active-extra-styles \" data-block-type=\"unstyled\" data-block-weight=\"41\" data-block-id=\"13\">\n<p class=\" content-text__container \" data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Mr. Pinheiro added that making projections is difficult. \u201cThe supply chain is so complex that predicting outcomes would be bold. It depends not just on tariffs but also on volumes, vessel availability, and geopolitical conflicts. The market has been very dynamic.\u201d<\/p>\n<p data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">*By\u00a0Ta\u00eds Hirata\u00a0\u2014 S\u00e3o Paulo<\/p>\n<p data-track-category=\"Link no Texto\" data-track-links=\"\" data-mrf-recirculation=\"Article links\">Source: Valor International<\/p>\n<p>https:\/\/valorinternational.globo.com<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Import costs from Asia nearly quadrupled in two weeks as U.S.-China truce begins &nbsp; &nbsp; &nbsp; &nbsp; 05\/30\/2025 The tariff war between the United States and Chia has triggered a sharp spike in maritime freight costs in Brazil over the past two weeks, following the announcement of a 90-day truce between the two countries. According [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8106],"tags":[26135,26134],"class_list":["post-94357","post","type-post","status-publish","format-standard","hentry","category-murray-news","tag-shipping-rates-soaring-in-brazil","tag-tariff-war"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tariff war sends shipping rates soaring in Brazil - Murray Advogados<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/murray.adv.br\/en\/tariff-war-sends-shipping-rates-soaring-in-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tariff war sends shipping rates soaring in Brazil - Murray Advogados\" \/>\n<meta property=\"og:description\" content=\"Import costs from Asia nearly quadrupled in two weeks as U.S.-China truce begins &nbsp; &nbsp; &nbsp; &nbsp; 05\/30\/2025 The tariff war between the United States and Chia has triggered a sharp spike in maritime freight costs in Brazil over the past two weeks, following the announcement of a 90-day truce between the two countries. 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