American merchandise trade records, the high record where the tariff tariff moves increased import

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The American trade deficit in the goods rose to a record level in March, as companies operated purchases to President Donald Trump to impose flavored definitions on imports.

The gap between imports and exports expanded to $ 162 billion in March, from 92.8 billion dollars at the same time in 2024, which represents the highest number in records extending to the early nineties, according to the American Statistical Office.

Height in commerce The balance was almost almost to an increase in imports – especially those with long shelf life, such as cars, industrial materials and consumer goods.

The numbers add weight to reports that American companies have gained their stocks before the introduction of a very slope tariff by the Trump administration.

“The image (the first quarter of 2025) remains in general that President Trump’s introductory threats have rushed to buy goods now instead of facing high prices at a later time, which prompted an amazing increase in imports,” said Oliver Allen, a US economist at Pantheon in the macroeconomic economy.

The US President revealed a series of alleged mutual definitions on April 2, which sparked a sharp sale in stock markets and increased costs of financing the United States government, as investors have provided risks to identify high definitions American economy In recession and global growth trick.

In recent weeks, concerns have left that high definitions of Chinese imports will lead to a lack of goods in important sectors such as construction and industrial production.

On Tuesday, Scott Bessin, US Treasury Secretary, rejected fears of the supply chain shocks, claiming at a press conference for the media that retailers in the United States “planned to do so.”

He said that the “opening of uncertainty” will be “narrowing”, with Washington closed in a deal with India. He also added that “features” are an agreement with South Korea and was making good progress in talks with Japan.

While many of these definitions were arrested for 90 days on April 4, the foundation line is still 10 percent in its place, and it does a 145 percent tax on most Chinese imports. Economists say, even without a tariff April 2, the current scenario leaves our commercial duties with the highest effective rate for more than a century.

Pesin said on Tuesday that the trade war was not sustainable for China and that “responsibility” was in Beijing to reduce commercial barriers.

The commercial report was published before the first estimate of the GDP in the first quarter, scheduled for Wednesday, which is expected to be distorted with the impact of the front loading.

Economists in Morgan Stanley said they are now expecting negative production after the launch of trade numbers. They said in a note published on Tuesday: “The increase in import before the customs tariff was greater than what we expected, and the stocks were not compensated.” “The result: We cut our Q1 GDP tracking into a minus 1.4 percent of 0 percent.”

Reuters analysts expect an annual annual growth by average on average- a decrease from 2.4 percent for the fourth quarter of last year.

But economists say the numbers are likely to draw an excessive negative image of the growth of the United States.

“The gross domestic product number will tell us very little,” said Isabelle Matthews E Lago, the chief economist at BNP Paribas. “It will be full of noise, and to a large extent, the total imports.”

“You will really need to look under the hood to see what is really happening,” she added.

Economists expect a partial shift in the second quarter with low imports and payment of gross domestic product.

“The (trade) numbers today really highlight the risks that may be negative printing in the gross domestic product, and this clearly puts us in 2025,” said James Knightley, chief economist at Ing Bank. “This is a great effort to store the customs tariff … but we expect this to rest soon: the ports data is already slowing down.”

Western coast ports Like Los Angeles I reported a sharp decrease in goods in recent weeks, amid signs that ships carrying products from the eastern coast in China are back.

Participated in additional reports by George direction in New York



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