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US imports from China plunged 22.9% in September amid tariffs and trade tensions, with shipments expected to stay low through year-end.
US container cargo imports fell 8.4% year-on-year in September, with a 22.9% drop from China, driven by ongoing tariffs and trade tensions.
The decline, most pronounced in toys, apparel, footwear, aluminum, and electric machinery, reflects reduced inventories after retailers front-loaded shipments ahead of holiday season tariffs.
Port of Los Angeles imports dropped 8%, and analysts project monthly volumes may stay below 2 million TEUs through year-end.
The US plans a 100% tariff on Chinese goods starting November 1, following China’s export controls on rare earths and related materials, which Beijing calls routine.
China’s exports to the US dropped 27% in September, continuing a six-month decline, as both nations accuse each other of escalating trade disputes.
Las importaciones estadounidenses de China se desplomaron un 22,9% en septiembre en medio de aranceles y tensiones comerciales, y se espera que los envíos permanezcan bajos hasta finales de año.