Thank you so much! As always so appreciated!!! The best analysis out thereHiya @gazdgazd11
Wanted to get something to you to help structure your research into the topic. I'm hoping this isn't too late and that it's helpful. Some things you may want to look into include:
Hope this helps with your application!
- Shipping Disruptions and Port Congestion: There's been a lot of news about how tariffs have led to substantial disruptions in global shipping, causing rerouted shipments and logistical challenges. European ports (e.g. in Rotterdam, Hamburg, and Southampton) have experienced significant congestion due to the redirection of goods initially destined for the U.S. There was a piece in the Times that nicely covered this issue, which you can find here.
- Increased Shipping Costs: You may want to look into any research/news on how tariffs are contributing to rising shipping costs. I'd recommend having a thinking about how this sort of escalation can affect the cost structures of businesses and any contract negotiations and dispute resolution mechanisms.
- Regulatory Changes and Port Fees: Some of my former colleagues on LinkedIn who work in defence have noted that the U.S. administration is now planning to impose substantial port fees on Chinese-built vessels (though this was revised after industry backlash). But overall this indicates that there might be more stringent regulatory measures on the horizon. You can learn more about the port fees and its relationship to tariffs here.
- Strategic Shifts in Trade Routes: There's this good piece in the Guardian which looks into some of the ways businesses are trying to shift trade routes. But essentially, the point being made is that businesses are altering their supply chains, with some halting Chinese imports or shifting sources to countries like Vietnam and India. It's likely that these sorts of reconfigurations will require legal input on on new trade agreements and compliance with varying international laws.