This post was originally published on The Economic Times
WASHINGTON: Key Chinese trade hubs are beginning to show early signs of disruption as the US-China tariff war intensifies, according to a report by Radio Free Asia (RFA).
Major export provinces and shipping ports, including Shanghai and Guangdong, have seen a sharp decline in activity, with cargo traffic to the United States coming to a near halt.
By Thursday, “almost no cargo ships were headed to the US from the previously busy ports of Shanghai and Guangdong, and export factories in key provinces that support China‘s export industry had come to a standstill,” RFA cited. Shipping containers that missed the April 9 deadline for US-bound vessels are now stacked high at these ports.
RFA further reported that in Zhejiang and Guangdong–the provinces contributing the most to China’s exports in 2024–factory operations have been brought to a halt. Warehouses are filled with products initially destined for the US market but now left unused amid the trade freeze.
According to Radio Free Asia, US President Donald Trump on Wednesday announced an increase in “reciprocal tariffs” on China to 125 per cent, stating they would take
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