2018 Ends With a Bang as China Tariff Worries Buoy U.S. Imports — Panjiva
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2018 Ends With a Bang as China Tariff Worries Buoy U.S. Imports

China 3053 Cons. Discr. - Apparel 531 Cons. Discr. - Autos 1251 Cons. Discr. - Durables 575 European Union 882 India 553 Industrials - Capital Goods 623 Info Tech - Tech Hardware 866 Japan 631 Materials - Chemicals 273 Materials - Metals/Mining 796 South Korea 605 Tariffs 1870 Trade Balance 935 U.S. 5404

U.S. seaborne imports surged 8.8% higher in December compared to a year earlier, including a 13.4% increase for containerized freight, defying expectations of a slowdown. Imports from China were the main driver with a 14.6% increase. The agreement between President Xi Jinping and President Donald Trump to suspend tariff increases was only reached at the start of December and Transpacific shipments take four to seven weeks to complete. Consumer-related products continued their steady expansion. Furniture imports led the way with a 23.4% jump. Industrial supply chains were more mixed wi...

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