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Søren Skou: Presidential election will not change relationship between US and China

Maersk CEO Søren Skou understands to a certain degree why the US has launched a showdown with China, but he adds that he remains concerned about the growing protectionism. He does not believe that a presidential election will alter the countries' relationship, he tells Berlingske.

Photo: Nanna Navntoft

Even though US President Donald Trump has for a long time been deviating from traditional notions of free trade and taken aim at China, it will likely not make a significant difference in terms of trade for Maersk whether Trump or Joe Biden wins the election on Nov. 3, Maersk CEO Søren Skou tells Danish media Berlingske Business.

Maersk, which has strong ties to the US as one of the country's biggest shipping companies, wants a strong US economy. It has thus been worrying for the Maersk CEO to watch from the sidelines as the US and China have in recent years been on collision course.

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