#trade-diversion

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US politics
fromFortune
1 week 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.
Europe news
fromBusiness Insider
6 months ago

US tariffs could give the EU exactly what it doesn't want: even more Chinese products

US tariffs on China could lead to trade diversions affecting Europe, prompting concerns of overcapacity and potential retaliatory tariffs.
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