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Fitch: US-CN Tariff Pause Temporarily Eases Port & Trade Volume
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In 3Q25, China's shipments to the EU, ASEAN, and Africa increased, offsetting the weak shipments to the US and supporting a 6% YoY growth in port cargo throughput, higher than the previous quarter's level of 5%, according to Fitch Ratings. However, with the recent agreement between the US and China to suspend trade tensions for a year, the slowdown in exports to the US in 4Q25 is expected to ease. China's export value grew by 6.5% YoY in 3Q25, slightly up from 6% in 2Q25. The YoY slump in shipments to the US (down 27.3%) was offset by strong demand from ASEAN, Africa, the EU, and Latin American markets. AAStocks Financial News |
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