trade route

Further south, though, a new China-backed megaport has the potential to create whole new trade routes that will bypass North America entirely.

Known for the exchange of goods and ideas between the East and West, the trade routes were long believed to have linked lowland cities.

She had also granted transit rights to secure trade routes for the states bordering Bangladesh.

Ms Hasina cracked down on anti-India militants on her soil and granted transit rights to secure trade routes to five Indian states which border Bangladesh.

These more complicated trade routes, coupled with weakness in China’s currency exchange rate, may reduce tariffs’ effectiveness, said Capital Economics, a research firm.