Bloomberg New Economy
Highest US Tariffs Since the 1930s Redraw the International Trade Map
America’s trading partners are rushing to seal new trade deals to blunt the hit from Trump’s protectionism.
Canada is importing more cars from Mexico than from the US. China has snubbed American soybean farmers at harvest time and is buying from South American growers instead. India and China are resuming direct flights between the two countries and trading rare earths, ending years of frozen relations.
The new contours of global commerce are starting to emerge as governments redraw trade alliances and companies seek other markets to avoid the highest US tariffs since the 1930s.