U.S. seaborne imports continued to decline in June with a 7.3% slide in total shipments and an 8.6% drop in containerized imports. The downturn represents a slower rate of decline than that seen in May when containerized imports fell by 19.6%, though the pattern of decline is similar. Shipments from China fell by 1.7% in June while those from Asia ex-China dropped 13.9% due to a slump in arrivals from India and Japan. Imports from the EU meanwhile fell by 14.8% and may fall further if a U.S.-EU trade war gets underway. Healthcare was the best performing of the seven industries tracked...
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