U.S. Imports increase in response to tariffs — Splash247.com

Photo by Rikin Katyal on Unsplash

Imports to the United States soared in January in anticipation of tariffs:

The spike comes against a backdrop of tariff instability, with the US placing a fresh 10% tariff on Chinese goods on February 4, while more punitive 25% tariffs on imports from Mexico and Canada were suspended until March to allow for more discussions.

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