OPINION: 'Donald Trump’s loose words - with shipping again at its heart - bring their own fresh risk to the global economy'

The US president’s proposed extortionate 20 per cent toll destroys what little credibility he had left.

For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge.

OPINION: 'Donald Trump’s loose words - with shipping again at its heart - bring their own fresh risk to the global economy'