Duties on $50 billion of Chinese exports are due from the Trump administration shortly, watch the timing, big ticket items, exporters’ reactions and retaliation. The national security review of autos may be wrapped up by the midterms. California’s ports had a bad month in May. Also: the port of Savannah saw similar performance to Long Beach; there’s no formal timetable for NAFTA negotiations now, which is probably a good thing; trade price inflation in the U.S. is soaring; pharmaceutical import values per gram suggest there is room for significant prescription cost cutting in America;...
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