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.

By Paul Golden

2 days ago

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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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