Are US Tariffs Cutting Trade — Or Moving It?

Imports are still high. The sourcing map is changing.

US tariffs are reshaping trade.

But the latest data is surprising.

US container imports hit 2.60m TEU.

The third-highest month ever.

Imports from China still increased.

But other Asian markets grew much faster.

So what are US tariffs actually changing?

Trade volumes?

Or where the cargo comes from?

Here are 5️⃣ signals behind it:

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1️⃣ US imports are still very high