Supply Chains Show The Power of Tariff Fear as December Imports Surge — Panjiva
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Supply Chains Show The Power of Tariff Fear as December Imports Surge

Ags - Grains/Beans 162 China 1758 Cons. Discr. - Autos 661 Cons. Staples - Food/Beverages 395 Energy - Conventional 272 Energy - Crude Oil 194 Energy - Natural Gas 86 Industrials - Capital Goods 265 Tariffs 1169 U.S. 3297

The trade war between the U.S. and China continued to distort trade flows in December. U.S. imports of products that faced the risk of an increase in duties to 25% from 10% as of January – which has since been postponed twice – surged 22.0% higher year over year in December. The largest increases in absolute terms included air conditioners, PVC flooring and furniture. By contrast there was by a continued drop in products that had 25% duties applied in July and August such that total U.S. imports of tariff-afflicted products fell 12.1%. China’s retaliatory tariffs meanwhile led to a 42.1%...

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