China's monthly car exports exceed one million units
TradeComments
If we consider the recent Supreme Court ruling forcing the US to refund billions in tariffs, it is possible that the legal feasibility of these protections is weakening. This could create a window where Chinese exports maintain volume even in restricted markets through complex re-routing.
The idea of a resilient trade network sounds familiar. We saw similar claims during the early commodity boom, but that mostly just traded one set of dependencies for another, more volatile set.
It might be worth considering the current debt crisis in developing nations. Affordable electric transport could actually lower operational costs for these governments, giving them a practical reason to lean into these imports.
it's less about global demand and more about dumping excess domestic capacity.