Six Months Into the U.S.-China Trade War Supply Chain Shifts Have Started — Panjiva


Six Months Into the U.S.-China Trade War Supply Chain Shifts Have Started

China 1758 Cons. Discr. - Autos 661 Cons. Discr. - Durables 107 India 283 Industrials - Capital Goods 265 Malaysia 66 Materials - Construction 71 South Korea 383 Taiwan 98 Tariffs 1169 Thailand 74 U.S. 3297

After six months of U.S. tariffs applied to $250 billion of Chinese exports there are clear signs of supply chain restructuring among U.S. seaborne imports of products afflicted by duties. Imports by sea from China have fallen by 6.4% year over year in 1Q 2019. In the tire sector imports from China have fallen by 28.6% and have led Cooper Tire to write down recently acquired assets. Those have been largely replaced by shipments from Vietnam and South Korea by Hankook and Nexen. Imports of furniture from China fell 13.5% – partly as importers including Ikea and Home Depot have worked thro...

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