China imports from US plunge 31% in June amid tariff war
“It is another sign of the impact the trade war Opens a New Window. is having between the U.S. and China. China’s imports from the U.S. plunged in June, while exports to the U.S. weakened. Imports of U.S. goods fell 31.4 percent from a year earlier to $9.4 billion, while exports to the American market declined 7.8 percent to $39.3 billion, customs data showed Friday.”
USAGOLD note: Ouch.