Last Chance Deliveries Boost U.S. Imports in June Ahead of Trump’s July Duties — Panjiva


Last Chance Deliveries Boost U.S. Imports in June Ahead of Trump’s July Duties

China 1758 Cons. Discr. - Apparel 214 Cons. Discr. - Autos 661 European Union 406 Industrials - Capital Goods 265 Materials - Metals/Mining 482 Tariffs 1169 Trade Balance 657 U.S. 3297

U.S. maritime imports showed little sign of slowing in June with a rise of at least 7% vs. a year earlier. That’s likely been driven by a rush to beat duties that were implemented against Chinese exports on July 6, with imports from China up 13% vs. 3% in May and a decline in April. All the major industries tracked by Panjiva saw rising imports for the first time since February (lunar new year). The auto industry’s shipments rose 7% vs. a 2% decline a month earlier, likely due to concerns about an early completion to the section 232 “national security review”. Imports of steel and alumin...

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