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US-China trade war 2020’s chief threat for global supply chain: poll

January 22, 2020: In a poll conducted by the global logistics company Agility and global research group Transport Intelligence, logistics executives continue to see US-China trade war as the top threat to global growth.

Signing ceremony of %u2018phase one%u2019 trade deal between US President Donald Trump and Chinese Vice Premier Liu He on Jan 15, 2020.
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Signing ceremony of %u2018phase one%u2019 trade deal between US President Donald Trump and Chinese Vice Premier Liu He on Jan 15, 2020.

January 22, 2020: In a poll conducted by the global logistics company Agility and global research group Transport Intelligence, logistics executives continue to see US-China trade war as the top threat to global growth.

The findings come just a week after Washington and Beijing signed a “phase one” trade deal in which they agreed to halt the imposition of new tariffs and restore the flow of many goods and commodities that had been cut off by months of friction.

Twenty-eight percent of respondents see a US-China trade war as the biggest threat to global growth in 2020. US-Iranian tensions were next (19 percent, followed by a slowdown in the Chinese economy (17 percent). Only 8% of those surveyed see Brexit as the largest threat in 2020.

Logistics professionals were surveyed for their thoughts on the global economy and the leading threats to growth in 2020*. The results are part of the annual Agility Emerging Markets Logistics Index, a look at industry sentiment and a ranking of the world’s 50 leading emerging markets.

What is the biggest threat to global economic growth in 2020?

uschina-trade-war-2020s-chief-threat-for-global-supply-chain-poll

*The survey of 330 logistics and supply chain professionals was conducted by global research group Transport Intelligence as part of the 2020 Agility Emerging Markets Logistics Index, which will be released Feb. 10, 2020.


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