Mexican tariffs a 'smart signal' that duty-free loophole is closing
Mexico’s recent imposition of tariffs on foreign imports has signalled to China and the US ...
© Wilm Ihlenfeld
By Alex Lennane
Oh dear. The fog over China is becoming ever more dense. First, a survey of US businesses shows that one in four companies has moved some operations out of the country, or plan to do so, and 77% say they feel “less welcome” there. A LLL.com article meanwhile shows that forwarders are also struggling with the weakness in China and expect it to be a weak year with continued downward pressure on freight rates. Even the pre-Chinese new year spike doesn’t seem to have appeared. Is intra-Asia the answer?
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