Tariff repeal spurs Chinese containerised exports to the US, but unprepared countries face new conundrum
- Chinese exports to the US have rebounded following the US Supreme Court’s decision to remove tariffs, supported further by a green energy and AI boom
- But some countries in Asia are preparing to face up to 12.5% in tariffs for alleged forced labour practices
- New tariffs could subject corporations to further regulatory complications, with China’s Decree 834 and 835 limiting information gathering for compliance purposes
- Asia-Pacific exporters may be unprepared to deal with tariff turbulences as many choose prioritise short-term measures, such as passing on the cost to consumers to manage tariffs
China has posted the highest gains in transpacific exports, seeing a 33% rise in volumes compared to a year ago. But new forced labour tariffs could challenge Asian exports if enforced
