Global Trade Growth Slowing, But Not Because of Tariff War — Panjiva


Global Trade Growth Slowing, But Not Because of Tariff War

China 1758 Global 722 India 283 Japan 381 South Korea 383 Trade Balance 657 U.S. 3297

Global trade activity climbed 2.3% year over year in September, the slowest rate since March due to a 0.2% decline in exports from Japan and a 0.6% decline in European exports. The slowdown will likely prove temporary based on official data from China where exports expanded by 20.1% growth in October vs. 9.8% in the third quarter. That’s despite the tariff war with the U.S. that has applied duties to $250 billion of Chinese exports. A similar pattern of accelerating growth can be seen in Japan, South Korea and India. Meanwhile U.S. seaborne imports climbed 11.0% higher in October v...

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