Panjiva Daily: President Trump’s $17 billion China trade deal driver; tariff exemption failures

Global 1072 Panjiva Daily 478

The soaring U.S. trade deficit is largely down to falling exports to China, with net exports down $17 billion year over year in 4Q. Exemptions from U.S. duties on Chinese exports are proving rare with only 1-in-5 getting approved. Also: Canada’s export slowdown completes a global picture of declining trade in December, while January holds more of the same; U.S. import growth looks set to continue in January on the basis of U.S. Treasury Department, other governments’ data and maritime trade data; Breville avoids getting burned by tariffs by using front-loading; Manitou handles burden fro...

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