US tariff plans could drive Europe into the arms of Chinese EV makers
Donald Trump’s tariff plan could spectacularly backfire, forcing Europe closer to China as it seeks ...
R: IN LINEGXO: TRADING UPDATE TIMEMAERSK: ROARING BACKFDX: TAILWINDSFDX: WHAT TO EXPECTKO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATE
R: IN LINEGXO: TRADING UPDATE TIMEMAERSK: ROARING BACKFDX: TAILWINDSFDX: WHAT TO EXPECTKO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATE
Normally publicity-shy Seabury has published an update to a previous article on the impact of the trade war on air cargo. And it is stuffed full of interesting facts. Roughly half the volume of one of the biggest air freight routes is affected by tariffs – on US-China, 86% of the volumes are tariff-hit, or, in total, some 940,000 tonnes of air freight, up from 200,000 before the latest tariffs hit.
As it points out, however, most finished products such as mobile phones are unaffected, and it also notes that any structural effects will take a few months to become clear. But the initial round of tariffs did cause unexpected spikes, the consultant confirmed. Worth a read.
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