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Tariffs are shifting trade corridors to 'less developed ones'
Despite a tentative US, China deal, uncertainty around tariffs has increased demand for trade finance products from Asian corporates, as firms look to reroute supply chains, derisk and improve working capital.

A study from Crisil Coalition Greenwich has highlighted the extent to which the business strategies of large Asian companies have been impacted by tariff upheaval. More than 80% admitted that tariff announcements have affected their businesses, compared with just under two-thirds of European corporates.
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