US container booking data shows a significant decrease in trade volumes post US-led global trade war. Total US import bookings fell 64% in the week after March 31, with imports from China and exports to China dropping by similar amounts. The data indicates systemic stress in the supply chain, with a shift in market dynamics leading to decreased bookings in various sectors. The data also suggests that Bitcoin may serve as a hedge against economic uncertainty and policy distortions in global trade. Supply chain stakeholders are considering alternative value preservation and movement strategies in response to trade policy shocks. Bitcoin’s apolitical and uncensorable nature provides a potential solution for companies facing political and economic risks in their supply chains. The data does not show a direct shift to Bitcoin, but it highlights the potential for the cryptocurrency to play a role in mitigating economic disruptions.

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