US Imports Drop, Tariffs Shift Impact Trade
Update: 2025-11-10
Description
November tenth witnesses a significant downturn in US containerized goods imports, with a 7.5% drop compared to last year. This decline is primarily due to a 16.3% plunge in shipments from China, as importers remain cautious about changing tariff policies. US seaports handled about 2.3 million containers, a slight decrease from September and the second time in ten years that October saw a month-over-month decrease. Retail experts predict a further slowdown in November and December, potentially falling below the two million container mark. While a 20% tariff on certain Chinese imports drops to 10%, other tariffs remain in place, and a separate ten percent tariffs legality is under review by the Supreme Court.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
