币界网报道:JPMorgan analysts highlight how US tariffs are significantly reshaping global trade dynamics, particularly affecting China's export strategies. The report notes that China is increasingly diverting exports to alternative markets like Brazil and Mexico to circumvent US tariffs, which have risen from 3% in 2018 to over 19% today. This shift is altering global supply chains, with countries like Vietnam and India benefiting from redirected trade flows. The analysts warn that persistent tariffs could lead to long-term structural changes in trade patterns, potentially reducing China's dominance in certain sectors. The findings underscore the broader economic implications of US trade policies on global markets and supply chain resilience.