The Donald’s Trade War On China Is Shifting Imports To 3rd Countries, Not Materially Reducing Overall Volumes

And the plunge of imports from China had an impact on the overall trade deficit — but not much since Corporate America rerouted its supply chains from China to other countries, and only a small portion was routed back to the US.

 

 

 

 

https://wolfstreet.com/2020/02/05/us-imports-from-china-in-2019-plunged-by-most-ever-shifted-to-other-countries-and-goods-trade-deficit-improved-only-a-tad-from-worst-ever-in-2018/