US IMPORTS HOLD UP DESPITE WEEKLY DIP, GOLDMAN SAYS US imports from China slipped week-over-week but remain up 9% year-over-year, according…
US IMPORTS HOLD UP DESPITE WEEKLY DIP, GOLDMAN SAYS
US imports from China slipped week-over-week but remain up 9% year-over-year, according to Goldman Sachs tariff tracker data.
Port activity is expected to fluctuate in the near term, with the Port of Los Angeles forecast to see a short-term drop before rebounding in coming weeks.
Despite softer weekly trends in shipping volumes and rates, overall import flows and logistics indicators remain above last year, suggesting continued restocking momentum through May amid tariff and geopolitical uncertainty.
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