2018 Ends With a Bang as China Tariff Worries Buoy U.S. Imports — Panjiva
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2018 Ends With a Bang as China Tariff Worries Buoy U.S. Imports

China 3047 Cons. Discr. - Apparel 530 Cons. Discr. - Autos 1246 Cons. Discr. - Durables 573 European Union 877 India 550 Industrials - Capital Goods 619 Info Tech - Tech Hardware 861 Japan 628 Materials - Chemicals 273 Materials - Metals/Mining 792 South Korea 605 Tariffs 1865 Trade Balance 935 U.S. 5398

U.S. seaborne imports surged 8.8% higher in December compared to a year earlier, including a 13.4% increase for containerized freight, defying expectations of a slowdown. Imports from China were the main driver with a 14.6% increase. The agreement between President Xi Jinping and President Donald Trump to suspend tariff increases was only reached at the start of December and Transpacific shipments take four to seven weeks to complete. Consumer-related products continued their steady expansion. Furniture imports led the way with a 23.4% jump. Industrial supply chains were more mixed with ...

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