The tariff standstill agreed between President Trump and President Xi will help American farmers and autos exporters. Yet, it will cut global trade volumes in the short-term and may leave excess corporate inventories. Also: Japan’s automakers’ exports to the U.S. have slowed ahead of the potential imposition of tariffs; South Korea’s export growth has slowed, but mostly due to consumer goods not industrial supply chains; traffic growth via the Suez Canal outpaced Panama, but both may slow; the G20 confirmed the need for, but not shape of, WTO reform; six months of USMCA brinkmanship is a...
Supply Chain Research
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.