DHL’s assessment of Chinese and US air and sea freight figures suggests neither side in the trade war is winning. Photo: Reuters

No trade war winners with US and China set to see freight slump, DHL data shows

  • Tariffs are leading to slump in air and sea freight for key commodities, with the US and China both predicted to suffer a trade downturn as a result
  • Logistics company DHL examined freight volumes for early-cycle commodities such as bumpers for cars, touch screens for mobile devices and brand labels for clothes
Topic |   US-China trade war

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DHL’s assessment of Chinese and US air and sea freight figures suggests neither side in the trade war is winning. Photo: Reuters
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South Korean car manufacturer Kia Motors has a factory in Pesqueria, Mexico. Photo: Bloomberg

US-China feud is accelerating the biggest shift in trade since the cold war, away from globalisation

  • Trend described as ‘deglobalisation’ and ‘balkanisation’ is leading to shorter supply chains as companies try to keep up with more sophisticated consumer demand
  • As firms rush to avoid Donald Trump’s tariffs and other geopolitical volatility, the trend is accelerating, leading to a complete shift in global trade
Topic |   US-China trade war

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South Korean car manufacturer Kia Motors has a factory in Pesqueria, Mexico. Photo: Bloomberg
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