Trump tariff workarounds will lessen impact of trade war escalation
- Shippers expected to reroute cargoes to avoid tariffs
- Central America and Southeast Asia countries identified as supply chain alternatives
- China’s retaliatory tariffs to have only minor impact on transpacific liner trade
Shippers will circumvent Trump’s tariffs by seeking alternative supply chain options if US-Sino trade war intensifies. Analysts expect renewed emphasis on rerouting cargoes, as US shippers continue to import cheaper Chinese and other foreign goods