Trade Is Falling And Not Just Due To The Donald’s Trade Wars

The Census Bureau reports today that the trade wars have definitely arrived. In March 2019, US imports from China plummeted by nearly 19% year-over-year. In the entire series which goes back to 1988, there are only three instances where it has been worse for Chinese manufacturers and one of those was a Golden Week month. The other two were in 2009.

 

 

 

 

 

 

 

 

 

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