Financial Times: China reroutes exports via south-east Asia in bid to dodge Trump tariffs ...Middle East

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

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 MayChina’s overall exports still grew 4.8%15% surge in exports to Southeast Asia12% rise to the EU

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

This article was written by Eamonn Sheridan at www.forexlive.com.

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