President Donald Trump’s latest shot in his economic battle with China isn’t simply about imposing tariffs on products marked “Made in China.” It’s about tracing the crumbs of global supply chains and slamming the doors wherever Chinese goods may be slipping through. And collateral damage? Maybe it lies in your ETF portfolio.
Bloomberg Economics cautioned that Trump’s planned crackdown on transshipments, when China diverts goods through third nations such as Vietnam and Mexico, has the potential to imperil 70% of China’s exports to the U.S.
