Marketplace · Tuesday, July 28, 2026
Increased tariffs on goods from China have led to a drop in imports from that country, with other parts of Asia, particularly Southeast Asia, benefiting as trade partners. This shift indicates that companies are actively seeking alternative sourcing options in response to trade policy changes.
“The waves of tariffs have affected trade, specifically who we are trading with, says UBS Economist Jonathan Pingol. You've certainly seen a, you know, a drop off in imports from China as the China tariffs were increased, and there's been beneficiaries in other parts of Asia, Southeast Asia.”