WSJ News Exclusive | U.S. Tariffs Drive Drop in Chinese Imports

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U.S. tariffs have led to a sharp decline in Chinese imports and significant changes in the types of goods Americans buy from China, new data show

and significant changes in the types of goods Americans buy from China, new data show, with purchases of telecommunications gear, furniture, apparel and other goods shifting to other countries.

Nearly two-thirds of all imports from China—or roughly $370 billion in annual goods—were covered by tariffs imposed by the U.S. in 2018 and 2019. Tariffs now cover just half of Chinese exports to the U.S., or about $250 billion in goods annually, as U.S. companies buy more from other countries, according to a Wall Street Journal analysis of information from Trade Data Monitor.

 

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evIElpnjASSm415 i wonder how much software is exported from china

LOL, you don't buy Chinese product, you will buy something more expense. your choice

Diversification is a great idea. If we cannot prevent the trade deficits, then the trade deficits with friendly nations are much better than our rivals.

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