17th Month of Import Price Inflation Could Continue With Metals, China Tariffs — Panjiva
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17th Month of Import Price Inflation Could Continue With Metals, China Tariffs

Tariffs 1867 Trade Balance 935 U.S. 5400

U.S. import price inflation continued for a 17th straight month in March with a 3.6% rise in prices for all products. That outpaced exports, though both were flattered by fuel and food prices. The impact from new import duties on metals won’t be felt until April, while more extensive duties on Chinese exports are still in consultation and won’t have an effect until June. The rise in import prices above exports will tend to lead to a higher trade deficit – notably the U.S. goods and services deficit hit its highest since October 2008 in February. Yet, with seaborne imports down 0...

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