Burden Sharing Evident as Import Price Deflation Gathers Pace — Panjiva


Burden Sharing Evident as Import Price Deflation Gathers Pace

China 1792 Trade Balance 667 U.S. 3360

U.S. trade price deflation gathered pace in January with headline import prices falling 1.7% year over year while export prices declined by 0.2%. While that was partly down to lower fuel costs, underlying import prices excluding food and fuel were unchanged year over year after 25 months of inflation. That included a 0.6% year over year drop in prices for imports from China in January. With an average 12.3% tariff applied to around half of imports from China the lower prices may indicate a degree of burden sharing between Chinese suppliers and U.S. buyers.

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