Supply Chains Show The Power of Tariff Fear as December Imports Surge — Panjiva


Supply Chains Show The Power of Tariff Fear as December Imports Surge

Ags - Grains/Beans 167 China 1792 Cons. Discr. - Autos 675 Cons. Staples - Food/Beverages 406 Energy - Conventional 278 Energy - Crude Oil 197 Energy - Natural Gas 89 Industrials - Capital Goods 271 Tariffs 1203 U.S. 3360

The trade war between the U.S. and China continued to distort trade flows in December. U.S. imports of products that faced the risk of an increase in duties to 25% from 10% as of January – which has since been postponed twice – surged 22.0% higher year over year in December. The largest increases in absolute terms included air conditioners, PVC flooring and furniture. By contrast there was by a continued drop in products that had 25% duties applied in July and August such that total U.S. imports of tariff-afflicted products fell 12.1%. China’s retaliatory tariffs meanwhile led to a 42.1%...

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