Peak Shipping Season Roars As Bulk of Trump’s Tariffs Have Yet To Bite — Panjiva


Peak Shipping Season Roars As Bulk of Trump’s Tariffs Have Yet To Bite

China 1760 Cons. Discr. - Apparel 214 Cons. Discr. - Autos 661 Cons. Discr. - Durables 108 Cons. Discr. - Retailing 156 Energy - Conventional 273 European Union 406 Industrials - Capital Goods 265 Materials - Metals/Mining 482 Tariffs 1170 U.S. 3301

As we head into the peak shipping season it  appears President Trump’s widening range of import duties not yet had a marked impact on imports. Seaborne imports rose 6% in July to reach a new record despite the imposition of 25% duties on $34 billion of Chinese exports – which in aggregate rose 6% on a year earlier – from the start of the month. Imports from the EU – where President Trump has reached an apparent detente with President Juncker – rose by even more at 9%. Among seasonal consumer products it was toys which have grown the most quickly at 14% despite the absence of significant ...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.