Trade Powered by Asian Exports Helps Buoy Global Economy
Trucks wait to be loaded with shipping containers at the Port of Los Angeles on Friday.
Photographer: Bing Guan/BloombergGlobal trade is pushing ahead as a rare growth engine for economies worldwide, and Asia’s export powerhouses are increasingly to thank for it.
The Bloomberg Trade Tracker is in its healthiest shape since it was started more than two years ago, amid U.S.-China tariff wars that sent several gauges far below — and even off — the charts of their long-term normal ranges.