Maersk boss warns US economy at risk - News Summed Up

Maersk boss warns US economy at risk


The chief executive officer of the world's biggest shipping company says curbs on immigration backed by the administration of US President Donald Trump risk hurting the American economy. The chief executive officer of the world's biggest shipping company says curbs on immigration backed by the administration of US President Donald Trump risk hurting the American economy. As the Trump administration blames globalisation for pummelling the middle classes, the Maersk CEO says it's clear other regions are emerging as economic powerhouses. "My personal belief is that Europe has more potential," Mr Skou said. When it comes to the longer term, Mr Skou said Maersk is "positive" on Africa and Latin America.


Source: Irish Independent February 12, 2018 02:26 UTC



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