How Hormuz Tensions Are Reshaping Global Trade Routes

Lucas and Luna break down the latest escalation in the Strait of Hormuz and what it means for the US trade deficit. With the dollar at 100.46 on the DXY and China's GDP growth slowing to its weakest since 2022, the hosts explain why rerouted oil tankers and longer shipping times are inflating import costs and widening the trade gap. They use the May trade balance figure of -$77.6 billion as a starting point to explore how geopolitical risk is now embedded in supply chain costs. The episode also includes a brief moment of reflection on keeping the show ad-free, supported by listeners at buy me a coffee dot com slash fexingo. #HormuzTensions #TradeRoutes #USChinaTrade #TradeDeficit #OilShock #DXY #SupplyChain #GeopoliticalRisk #CNY #ShippingDelays #ImportCosts #ExportCompetitiveness #FexingoBusiness #BusinessPodcast #Economics #GlobalTrade #FedPolicy #EnergyPrices Keep every episode free: buymeacoffee.com/fexingo