No real risk of trade war – China just goes through third party countries
Jonathan Josephs & Sameer Hashmi ’24, February 29, “US says falling trade with China could be positive,” BBC, accessed July 18, 2024, https://www.bbc.com/news/business-68441427
Amid growing tensions between the two countries, trade expert William Reinsch of the Centre for Strategic and International Studies says: "Last year's decline in U.S.-China trade does appear to be a sign that both economies are moving away from each other"
"But if you look at the increased imports from Southeast Asia into the United States, it appears that a good part of that increase is coming from Chinese companies that have either moved production or are simply moving their products through third countries in order to circumvent tariffs or other restrictions."