US EditionTrump's Trade War Causes Sharp Decline In US Imports From China
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Trump's Trade War Causes Sharp Decline In US Imports From China
President Donald Trump‘s trade war with China has led to a notable decrease in U.S. imports from the Asian nation. Early shipping data reveals a significant drop, as companies scrambled to stockpile goods before tariffs increased to 145%. What Happened: According to Fortune, the weeks following the April 9 “Liberation Day” saw ocean-shipped orders from China fall sharply. Import volumes decreased by over 10% in the week of April 7 and nearly 30%…
·New York, United States
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