Gene Seroka: U.S.-China Trade Shift Pushes Importers Toward Vietnam, Indonesia, and Malaysia as China Share Drops

SEROKA: “This is another interesting point back in 2018, when the tariffs first went into place, 60% of our business at the port of Los Angeles was with China. Today it‘s 40% and dropping American importers are looking to other countries with either lower tariffs or less friction politically, like vietnam Indonesia, malaysia. Yet they‘re pricing right to the edge of what China costs plus tariffs. So you‘re not getting much of a discount. And the China folks”

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Gene Seroka: U.S.-China Trade Shift Pushes Importers Toward Vietnam, Indonesia, and Malaysia as China Share Drops‘They‘re pricing right to the edge of what China costs plus tariffs‘News & PoliticsRUSH EXCERPT:SEROKA: “This is another interesting point back in 2018, when the tariffs first went into place, 60% of our business at the port of Los Angeles was with China. Today it‘s 40% and dropping American importers are looking to other countries with either lower tariffs or less friction politically, like vietnam Indonesia, malaysia. Yet they‘re pricing right to the edge of what China costs plus tariffs. So you‘re not getting much of a discount. And the China folks”Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview

Source: Grabien Stories