Tariffs drop the trade numbers

Capt. John
  • The Trump administration’s tariffs on $34 billion in Chinese goods went into effect in July. For weeks before that, there was a huge push to import products ahead of the tariffs.
  • But once they went into effect in July, imports on the $34 billion of Chinese goods dropped 21 percent from the prior year.
  • The trade data on the $16 billion tariff that went into effect will be out in November and September’s $200 billion will be out in December.

China’s latest report on economic growth fell short of...

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