Panjiva Insights: The state of global trade in light of COVID-19 and the trade war

China 2435 Cons. Discr. - Apparel 328 Cons. Discr. - Durables 261 Coronavirus 303 Panjiva Insights 29 Tariffs 1575 Trade Deals 855 U.S. 4297

Panjiva Research took part in a podcast with Logistics Management on June 2. This report includes a link to the podcast and addresses the key questions asked. Global trade activity was already weak ahead of the COVID-19 crisis due to the U.S.-China trade war. Global exports fell by 8.9% in March and may have fallen by 12.6% in April as China’s recovery is offset by a downturn across the rest of the world. The U.S.-China trade war may be heating up with Chinese purchases under the phase 1 trade well behind schedule and rhetoric over COVID-19 and Hong Kong worsening. Companies’ reshoring s...

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