It will be no surprise (in fact it was predicted by many) but as Chinese exports to the US dropped (due to Trump's new tariffs) so exports to other countries (primarily Asian & the EU) rose, partly to find 'new' markets for these good & partly to use third countries to disguise the origin(s) of imports to the US.
Of course, shippers will do well out of this but the impact of (further) competition from cheap(er) Chinese good will be unwelcome in these countries!
verita84
in reply to Emeritus Prof Christopher May • • •