Eurodollar University URGENT: Tariffs Just Triggered a 64% Drop in Imports — This Is Just the Start
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Apr 22, 2025 The podcast delves into the alarming drop in imports triggered by tariffs, highlighting a staggering 64% decrease. It examines how China and South Korea are facing severe repercussions, with shipping cancellations on the rise. The discussion reveals the grim reality of global trade disruptions, linking tariff impacts to a potential economic downturn. Insights on the Baltic Dry Index further illustrate the decline in trade volumes, underscoring the urgency of the situation for economies reliant on exports.
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Trade Wars Trigger Massive Trade Cancellations
- Trade wars and tariffs are causing massive cancellations in containerized global trade.
- The payback period post front-loading trade is now causing a sharp pullback in orders and shipping activities.
64% Drop in China-U.S. Container Imports
- Containerized shipments from China to the U.S. dropped by 64% in early April.
- U.S. exports to China also fell sharply, signaling a broad decline in demand due to tariffs.
China's Growth Fueled by Trade Surplus
- China’s GDP growth is artificially supported by net exports, not organic demand.
- Many Chinese factories are cutting shifts due to weakening export business.