Red Sea Attacks Threaten 10% of Global Trade, China Most Vulnerable
- Red Sea attacks threaten 10% of total global trade that passes through the area
- US forms 10-country coalition to address security concerns
- Disruption could cause global price increases for certain goods
- China would be most impacted due to heavy reliance on maritime trade
- Attacks mark shift from 30 years of unaffected civilian vessels moving global trade