U.S. Import Growth From China Freezes Over As Appliance Shipments Drop — Panjiva


U.S. Import Growth From China Freezes Over As Appliance Shipments Drop

China 1760 Industrials - Capital Goods 265 Tariffs 1170 U.S. 3299

The U.S.-China trade war ceasefire declared in early December is due to run through Mar. 1. A lack of urgency in building inventories in January led U.S. imports of containerized freight from China to fall 1.5% year over year a 14.0% increase in 4Q. That’s largely been down to a decline in industrial products and capital goods. The largest drop came from household appliances including refrigerators – which fell 23.9% year over year – and vacuum cleaners which dropped 14.9%. There’s little prospect of exemptions from the tariffs being granted, and iRobot has already stated that further t...

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