š„How Is China Using Southeast Asia to Avoid Trumpās Tariffs?
šRerouted cargo flows, and a shipping game reshaping global trade ā hereās what you need to know.
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š„Greetings, Maritime Mavericks!
Global trade is rarely simple. But right now, it is getting even more complicated ā 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.
šWhatās happening in the numbers?
šWhy does this matter?
šThe bigger picture!
ā ļøWhat should Maritime Analytica readers watch?
Letās dive inā¦
šWhatās 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 āre-exportā ā Chinese-made goods going through Vietnam, Indonesia, or Malaysia before reaching America. The aim? Avoid Trumpās tariffs.