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China Trade War Losses At $84 Billion And Counting — Does New Data Suggest Tide Turning Toward U.S.

From forbes.com

U.S. soybean exports to China have fallen $5.6 billion since August of 2018, when overall U.S. exports to China first fell on a monthly basis, a victim to the then-nascent trade war. Overall exports to China have fallen every month since when compared to the same month in the previous year, 18 in a row through October, the most recent data available from the U.S. Census Bureau. Cell phone imports are down $13.25 billion since last November, the first month that overall Chinese imports into the United States went negative. Imports from China have fallen 11 of the last 12 months. Computer imports are off $5.72 billion, ... (full story)

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  • Category: Fundamental Analysis