Danish shipping behemoth AP Møller–Mærsk (APMM) has an interesting take on what’s happened to world trade in the wake of Donald Trump’s face-off with China.

Its half-year report outlines some not-bad financial performance compared to last year (read our coverage here and here) but a great deal about strategic insight at the world’s biggest container line, and by extension, about world trade.

Also in its presentation last week, it wasn’t shy to confirm it’s looking for deals, albeit only of a smaller size, ...

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