2018 Ends With a Bang as China Tariff Worries Buoy U.S. Imports — Panjiva
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2018 Ends With a Bang as China Tariff Worries Buoy U.S. Imports

China 3048 Cons. Discr. - Apparel 530 Cons. Discr. - Autos 1247 Cons. Discr. - Durables 574 European Union 878 India 551 Industrials - Capital Goods 620 Info Tech - Tech Hardware 862 Japan 629 Materials - Chemicals 273 Materials - Metals/Mining 792 South Korea 605 Tariffs 1866 Trade Balance 935 U.S. 5399

U.S. seaborne imports surged 8.8% higher in December compared to a year earlier, including a 13.4% increase for containerized freight, defying expectations of a slowdown. Imports from China were the main driver with a 14.6% increase. The agreement between President Xi Jinping and President Donald Trump to suspend tariff increases was only reached at the start of December and Transpacific shipments take four to seven weeks to complete. Consumer-related products continued their steady expansion. Furniture imports led the way with a 23.4% jump. Industrial supply chains were more mixed with ...

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