Panjiva Daily: Trade war tears into apparel; GM, Hyundai hit reverse — Panjiva


Panjiva Daily: Trade war tears into apparel; GM, Hyundai hit reverse

Global 936 Panjiva Daily 386

U.S. seaborne imports fell by 4.2% year over year in November – apparel is a typical example of where tariffs have hurt, though underlying demand is down too. Auto sales in the U.S. are still growing, but manufacturers don’t appear to expect that to continue. Also: Soybeans, circuits send China’s imports higher, tariffs still drag on exports; on the cusp of a USMCA deal, Canada is the remaining low hurdle; CSX’s Syracuse port could speed deliveries for Constellation, Beliden; logistics jobs momentum wanes on precision railroading, trade war; China reboots PC sourcing, shows core of trade...

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