đ„How Is China Using Southeast Asia to Avoid Trumpâs Tariffs?
đRerouted cargo flows, and a shipping game reshaping global trade â hereâs what you need to know.
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đ„Greetings, Maritime Mavericks!
Global trade is rarely simple. But right now, it is getting even more complicated â and more creative.
After the US raised tariffs on Chinese goods, China did not just accept the pain.
Instead, many Chinese businesses began moving their products through Southeast Asia first, then shipping them on to the United States.
By changing shipping documents, and sometimes adding minor assembly, they try to avoid the extra tariffs.
đWhatâs happening in the numbers?
đWhy does this matter?
đThe bigger picture!
â ïžWhat should Maritime Analytica readers watch?
Letâs dive inâŠ
đWhatâs happening in the numbers?
Chinese exports directly to the US fell 43% in May
Exports to ASEAN countries jumped 15%
Exports to the EU rose 12%
A large share of this trade is âre-exportâ â Chinese-made goods going through Vietnam, Indonesia, or Malaysia before reaching America. The aim? Avoid Trumpâs tariffs.