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Story summary
- The Hong Kong Association of Freight Forwarding & Logistics estimates air freight costs for shippers relying on China could rise by up to 30%.
- The estimate is based on market feedback since the strikes began.
- Shippers between China and Europe face longer flight times and higher fuel consumption as many airlines rely on Middle Eastern airspace for Europe-bound flights.
- U.S. President Donald Trump said the conflict could last several weeks.
