Financial Times: China reroutes exports via south-east Asia in bid to dodge Trump tariffs | Forexlive

The Financial Times have the report: China reroutes exports via south-east Asia in bid to dodge Trump’s tariffs

The FT is gated. It’s a detailed article, worth a read if you can access it.

In (very) brief:

Data suggests Chinese companies are increasingly diverting exports through Southeast Asia to avoid US tariffs

• direct shipments from China to the US fell 43% in May
• China’s overall exports still grew 4.8%
• 15% surge in exports to Southeast Asia
• 12% rise to the EU

In response, the US trade deal with Vietnam includes a 40% tariff on trans-shipped goods.

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