US – China Trade Fragmentation?

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  • US – China Trade Fragmentation?
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Are we really witnessing a trade fragmentation between the US and China?

Yes and no; yes for labour-intensive and advanced technology products, a process which started back in 2016 and 2018 respectively; no for the products not covered by Trump tariffs.

China is here to stay and now is ramping up its Mexico export platform.

Some of the dymanics in the images below:

 

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