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iRobot shows stickiness of tariff-led restructuring as U.S. trade activity soars

China 2797 Cons. Discr. - Durables 421 Tariffs 1728 Trade Balance 905 U.S. 4995

U.S. international trade activity jumped 13.7% year over year in March including a 17.3% rise in trade-in-goods which was largely the result of a surge in imports of consumer goods. The increase in imports also reflects higher supply chain costs including sustained tariffs on imports from China. U.S. imports from China climbed 103% higher year over year in March and were 29.0% higher than the same period of 2019. The cost of tariffs on imports from China that were applied in waves since July 2018 appears to have become entrenched. Imports of products covered by 25% duties have only decli...

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