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Likely import tariffs to restructure global supply chain under Trump: Report
The Business Guardian
|November 20, 2024
A deeper analysis reveals a second layer of risk targeting countries that bene Ji t from reshoring trade trends linked to China. For example, mainland China's trade surplus with Vietnam grew by 25.1 per cent between 2021 and September2024, translating to an $11 billion increase.
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US President-elect Donald Trump is poised to make import tariffs the cornerstone of his economic and geopolitical agenda, potentially triggering another round of global supply chain restructuring, according to S&P Global Market Intelligence.
Analysts suggest that the policy, continuing a trajectory set during Trump's first term, could create significant uncertainty for global trade and supply chain planning.
Esta historia es de la edición November 20, 2024 de The Business Guardian.
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