Chinese exporters are less concerned about tariffs as they prepare to meet with U.S. President Donald Trump and Chinese counterpart Xi Jinping for business and politics, instead focusing on the Iran war. The conflict has significantly impacted the businesses, choking critical shipping lanes, triggering a historic energy shock, and threatening global demand for Chinese goods across the board. As the two leaders prepare to talk about business, exporters have focused on the duration of the conflict rather than tariffs. Some businesses have already drawn up contingency plans to downsize if the conflict continues. Meanwhile, port congestion across Asia has caused freight rates to soar, with labor shortages and capacity constraints slowing container movement on Asia-Europe and Mediterranean trade routes. Rising raw material costs have also affected industrial sectors.