Imports’ Red Rag to Trump’s Trade Bull as November Shipments Climb — Panjiva
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Imports’ Red Rag to Trump’s Trade Bull as November Shipments Climb

China 3048 Cons. Discr. - Apparel 530 Cons. Discr. - Autos 1247 Cons. Discr. - Retailing 517 European Union 878 Materials - Metals/Mining 792 Metals - Steel 543 Trade Balance 935 U.S. 5399 USMCA 462

U.S. seaborne imports increased 5.5% in November on a year earlier, Panjiva data shows, the fifth straight increase. This suggests the return-to-growth seen in the value of goods imports seen in October might continue. The fastest growth among major product lines came from furnishings and iron/steel at 6% while auto and parts imports increased 1%. The latter two may act as bait to President-elect Trump’s transitional trade team looking for initial industries to target. Imports of apparel fell 11%, the sixth straight drop. The EU continue to be the biggest contributor to growth at 11%, wh...

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