Bloomberg (July 22)
2025/ 07/ 24 by jd in Global News
“China has increasingly relied on third countries for the manufacturing of final products or components,” which has softened the blow of the tariff war. If, however, Trump succeeds “in targeting transshipments via higher levies or supply chain requirements, it would threaten 70% of China’s exports to the US and more than 2.1% of the Asian country’s gross domestic product,” with “a risk of additional economic damage if the restrictions weigh on countries’ desire to do business with China.”
Tags: China, Components, Economic damage, Exports, Final products, GDP, Levies, Manufacturing, Relied, Supply chain requirements, Tariff war, Threaten, Transshipments, Trump, U.S.
