Trump Targeting Trade Loopholes Risks 70% of China Exports to US

President Donald Trump’s effort to target China through its trading partners across global supply chains threatens to erode the country’s growth and most of its exports to the US, according to Bloomberg Economics.

China has increasingly relied on third countries for the manufacturing of final products or components, a trend that accelerated following Trump’s first trade war and his imposition of higher restrictions on the world’s second-largest economy. China’s share of total value-added manufacturing of goods destined for the US through countries including Vietnam and Mexico surged to 22% in 2023 from 14% in 2017, according to Bloomberg Economics.