But how much of that April cargo loss is due to reduced demand?
How much of China’s reduced production is due to reduced demand?
Not clear to me.
Mostly reduced incoming.
So it’s “from” Asia to US that is short. The bigger issue is the removal of containers from the system. That is akin to taking railroad cars off the tracks because they cannot fill them.
With China providing many parts for US manufacturing if they were up and running, you would see more coming in. Thy would be fulfilling back orders.