Trump is already slowing global trade as companies pause orders

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US President Donald Trump may have announced a delay in some of his tariff plans, but the first signs of an economically-damaging slowdown in global trade are already emerging as companies around the world hit their own pause button on orders and he continues to escalate his trade war with China.

David Warrick, who until 2022 oversaw the operation of Microsoft’s global supply chains, said the best approach for many companies now was to “hurry up and wait”.“Making a strategic decision today just does not seem like a really good thing to do because this is moving very quickly,” said Warrick, who is now at Overhaul, a supply chain risk management company.

Bookings from China fell 36% in the same period while global container bookings for all countries fell 48% week over week.“The ‘wait and see’ approach is one that is now playing out across millions of shipments scheduled each month,” said Kyle Henderson, Chief Executive Officer of Vizion.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChinaGermany

Topics: World Tariffs Tariff China Companies Trump Global Pause Trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 17:13:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1461 words

Reading Time: 9 minutes read

Sentences: 37 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27771747

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