A quiet trade thaw is reshaping the Indo-Pacific supply map

Tariff carve-outs are nudging factories from one coastline to another.

In Washington, the change was felt first by the people who track it for a living. What happens next depends less on the headline than on the follow-through.

The story, as ever, is in the distribution: who gains, who waits, and how long the advantage lasts once the initial momentum fades. That is the question this week leaves open.