Trump’s tariff tide lifts Asean ports again – some more than others
Ports in Vietnam, Malaysia are clear beneficiaries; but swell in shipping volumes straining ports
[SINGAPORE] Ports across South-east Asia are riding a second wave of a “great reroute”, buoyed by a fresh swell as businesses give Beijing a wide berth to dodge US tariffs, adding to earlier gains from the China-plus-one playbook.
US President Donald Trump’s latest tariff blitz, albeit dialled-back temporarily, has sent businesses rerouting their shipments, with pundits The Business Times spoke to agreeing that ongoing supply chain shifts are putting wind in the sails of South-east Asia’s ports – the backbone of global trade.
But the region’s rising shipping volumes are straining ports, with infrastructure gaps and pandemic-era congestion resurfacing as shippers rush to beat the tariff clock.
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