{"id":1530069,"date":"2025-04-13T00:25:00","date_gmt":"2025-04-13T04:25:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1530069"},"modified":"2025-04-13T00:25:00","modified_gmt":"2025-04-13T04:25:00","slug":"are-china-road-traffic-indicators-set-to-collapse-as-tariff-war-cancels-factory-orders","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/are-china-road-traffic-indicators-set-to-collapse-as-tariff-war-cancels-factory-orders\/1530069\/","title":{"rendered":"Are China Road Traffic Indicators Set To Collapse As Tariff War Cancels Factory Orders"},"content":{"rendered":"

Are China Road Traffic Indicators Set To Collapse As Tariff War Cancels Factory Orders<\/span><\/p>\n

\n

Beijing has remained very quiet this week regarding the economic fallout from President Trump’s deepening trade war. In contrast, U.S. media outlets have reported that U.S. companies have\u00a0canceled or reduced orders for heavily tariffed goods from China\u2014signaling a pullback in shipments likely to translate into economic pain for Chinese suppliers.\u00a0<\/p>\n

Such developments include…<\/p>\n

Amazon Cancels Orders, Walmart Pulls Forecast As Tariffs Take Hold<\/a><\/em><\/p>\n

Chinese Sellers On Amazon Panic After Trump’s Tariff Bazooka<\/a><\/em><\/p>\n

… are poised to ripple through China’s export-driven economy.\u00a0While official data lags in months and quarters,\u00a0early, high-frequency data could soon emerge\u2014particularly mobility data,\u00a0which often serves as a real-time proxy for logistics and manufacturing activity.\u00a0<\/p>\n

The latest high-frequency indicators from Goldman\u2014covering consumption, mobility, production, investment, and broader macro activity\u2014are dated as of April 3, coinciding with President Trump’s “Liberation Day” tariff blitz targeting China and other global trading partners.<\/p>\n

As of Friday, the U.S. effective tariff rate on Chinese goods stands at 145%, with China’s at 125%. Notably, the April 3 high-frequency data does not capture the latest wave of tariff-related disruptions.<\/p>\n

<\/a><\/p>\n

Just before Liberation Day, the traffic congestion index in major cities across China was tracking 3% lower year-over-year and remained below both 2024 and 2019 levels for this time of year. One can’t help but wonder how congestion will be affected as Chinese suppliers face mounting pressure from\u00a0canceled or reduced U.S. shipments.\u00a0<\/p>\n

<\/a><\/p>\n

In a separate report, BloombergNEF presented similar congestion data for 15 major cities, showing a decrease in congestion levels for this time of year compared with 2024,23 levels. Again, the data has not been exposed to post-Liberation Day and the surge in tariffs and order cancelations.\u00a0\u00a0<\/p>\n

<\/a><\/p>\n

Data from\u00a0BloombergNEF also showed that China’s city-level road congestion was down 6.3% in March compared to the same period last year. The next update will likely show a further slowdown.<\/p>\n

<\/a><\/p>\n

Back to the Goldman data, the report probably has one of the most important charts. Can consumer sentiment go any lower?<\/p>\n

China consumer confidence as of January. Where does this go in March\/April? https:\/\/t.co\/RR8xX0BwLD<\/a> pic.twitter.com\/RvxLbeE7B3<\/a><\/p>\n

\u2014 zerohedge (@zerohedge) April 11, 2025<\/a><\/p>\n

The concern moving forward is\u00a0that the next update of\u00a0high-frequency congestion data may\u00a0show further deterioration as reports continue to come in about\u00a0Chinese factories receiving order cancellations.\u00a0<\/p>\n

Trump’s blanket tariffs will force\u00a0Chinese factories that flood America with low-end goods into a major dilemma: either find new markets to exploit,\u00a0shift production ex-China, or wind down\u00a0factory lines – all options appear negative in the short run.\u00a0<\/p>\n

Pay attention to\u00a0Treasury Secretary Scott Bessent’s comments this week: “Trump\u00a0goaded China into a bad position.”\u00a0<\/p>\n

NEW: Scott Bessent says Trump didn\u2019t just raise tariffs\u2014he set a trap, and China walked right into it.<\/p>\n

This is what 4D chess looks like.<\/p>\n

Markets are rebounding after President Trump slapped a 125% tariff on Chinese imports while giving a 90-day pause to other countries.<\/p>\n

The\u2026 pic.twitter.com\/M9KMreyWeG<\/a><\/p>\n

\u2014 The Vigilant Fox \ud83e\udd8a (@VigilantFox) April 9, 2025<\/a><\/p>\n

Bessent explained, “The US has an edge here: They’re the surplus country – their exports to the US are five times our exports to China.”\u00a0<\/p>\n

The more I hear from Scott Bessent the more I am impressed with him.<\/p>\n

On China “they can raise their tariffs but so what”
pic.twitter.com\/nFfyazuw2d<\/a><\/p>\n

\u2014 Shawn Farash (@Shawn_Farash) April 9, 2025<\/a><\/p>\n

.\u00a0 .\u00a0 .\u00a0\u00a0<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nSat, 04\/12\/2025 – 20:25<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/are-china-road-traffic-indicators-set-cliff-tariff-war-cancels-factory-orders<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Are China Road Traffic Indicators Set To Collapse As Tariff War Cancels Factory Orders Beijing has remained very quiet this week regarding the economic fallout…<\/p>\n","protected":false},"author":0,"featured_media":1530070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1530069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1530069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1530069"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1530069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1530070"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1530069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1530069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1530069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}