US Ocean Imports from China Tumbled 28% in June on Tariff Hikes
U.S. imports of containerized goods from China tumbled 28.3% year-on-year in June, after higher tariffs on goods from the country's top ocean trade partner extended a steep drop that began in May, supply chain technology provider Descartes said on Tuesday.
Overall U.S. container imports fell 3.5% from June 2024 levels, coming in at 2.2 million 20-foot equivalent units (TEUs). China imports totaled 639,300 TEUs last month, according to Descartes' analysis of bill of lading data from U.S. customs...
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