October 29, 2019
U.S. exports and imports of goods both slumped in September to the weakest levels in more than a year, the latest sign that tariffs are weighing on the economy.
Exports declined 3% from a year earlier to $135.9 billion, the lowest in more than a year and a half, while imports were down 4.6% to a nearly two-year low of $206.3 billion.
The figures add to indications that the administration’s trade policies are challenging American companies as rising tariffs aimed at China muddle supply chains and add to the uncertainty.
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