Source: CCTV News Client

Hamburg Port is the largest port in Germany and also an important port in Europe. Martin, a director and CEO of the Hamburg Port Marketing Association, told the CGTN reporter that recent U.S. tariff policies have brought more uncertainty due to their unpredictable nature, making it difficult for us to make important decisions on supply chains, which has had a negative impact on the port's operations.

Director and CEO of the Hamburg Port Marketing Association, Martin: As a port operator, this makes it difficult for us to predict future developments. Because we don't know how things will develop, one thing is certain, this tariff policy will inevitably bring negative consequences.

A recent report from Drewry Shipping Consulting in the UK showed that from late March to mid-May, the waiting time for ships to dock at the Port of Hamburg increased by about 49%, and the waiting time at the Port of Bremen increased by 77%. Other major European ports, such as the Port of Antwerp in Belgium, the Port of Rotterdam in the Netherlands, and the Port of Felixstowe in the UK, also require a long time to dock.

Martin believes that inappropriate political decisions can have widespread negative effects globally, and he called for achieving free trade as much as possible.

Director and CEO of the Hamburg Port Marketing Association, Martin: People can see that free trade is very important around the world. We can now see that where free trade is threatened, it affects everything, so it is certainly important that trade be as free as possible.

CGTN Reporter He Junqiang: Hamburg Port has always supported free trade worldwide. In their view, the recent U.S. threat to impose additional tariffs will bring uncertainty to exporters, shipping companies, and ports. This uncertainty will also undermine people's long-standing trust in stable free trade relations.

Original: https://www.toutiao.com/article/7527889189044535860/

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