CSIS report warns Chinese military action in Taiwan Strait could disrupt US$2.4 trillion in global trade

A report released on July 6, 2026, by the Center for Strategic and International Studies (CSIS) indicates that potential Chinese military action against Taiwan could severely disrupt global maritime trade. The report estimates that such action in the Taiwan Strait could affect NT$76.9 trillion (US$2.4 trillion) in trade flows, representing approximately 21% of global maritime trade. This disruption would significantly impact regional economies, including Japan, South Korea, and the Philippines.