Chinese Exporters’ Willingness to Eat Tariff Hikes May Be Diminishing — Panjiva


Chinese Exporters’ Willingness to Eat Tariff Hikes May Be Diminishing

China 2297 Cons. Discr. - Apparel 304 Info Tech - Tech Hardware 528 Materials - Chemicals 150 U.S. 4088

U.S. import price deflation accelerated in October, with a headline 3.0% year over year decline for all imports. When combined with a 8.9% slide in U.S. seaborne shipments there’s likely to have been a significant drop in the value of U.S. imports in October. The price deflation has largely been down to lower commodity prices, with imports ex food and fuel down by 1.3%. Imports from China saw price deflation of 1.6%, continuing a trend that can be linked to Chinese exporters cutting prices to offset tariffs. Yet, this phenomenon does not appear to have spread beyond industrial products l...

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