Navigating US Supply Chain Tariffs on China Leads to Exports, Imports Drop

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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Source: https://www.mhlnews.com