#trade-diversion

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Europe politics
fromwww.theguardian.com
4 months ago

Influx of cheap Chinese imports could drive down UK inflation, economists say

Chinese exports are being diverted to the UK, increasing cheap imports that are moderating UK import prices and exerting a disinflationary effect on UK inflation.
US politics
fromFortune
7 months ago

Trump bet China would face 'tremendous difficulties' without U.S. consumers-Beijing just focused on the rest of the world instead | Fortune

China has redirected exports from the U.S. to other markets, boosting overall exports despite U.S. tariffs, while U.S. growth projections weaken.
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