🔥How Asia’s $40 Trillion Economy Transformed in 2024? Dive into Maritime Analytica Insight - 106!

Feb 27, 2025

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Trump plans 25% tariffs on EU, citing unfair trade practices.
Tariffs target cars and other key European exports.
Macron tried to dissuade Trump; EU vows retaliation.
🏅Maritime Analytica: “EU exports ~$29B to 🇺🇸U.S.; retaliatory tariffs could disrupt supply chains, especially in shipping and logistics.”

China’s exports hit $3.6T in 2022, up from $249B in 2000.
U.S. share of Chinese exports fell from 21% (2000) to 16% (2022).
Trade with Latin America & Caribbean soared from $7B to $252B.
New U.S. 10% tariff on Chinese imports took effect Feb. 4, 2025.
🎖️Maritime Analytica: China’s trade pivot reshapes global shipping routes. The Belt and Road Initiative is fueling export growth in emerging markets. U.S.-China tensions may intensify regional supply chain shifts.