IndiaTimes indiatimes.com 22 Jul, 2021 04:15 am

Trade: US-China goods trade booms as if virus, tariffs never happened

Trade: US-China goods trade booms as if virus, tariffs never happened
Exports from South Korea and Taiwan to the US have also risen over the same period, underscoring the strength of U.S. demand despite one of the worst outbreaks of Covid-19 of any nation.

With tariffs in place on more than $300 billion in imports from China, from footwear and clothing to electronics and bicycles and even pet food, many US retailers are choosing to absorb the cost and squeezing their profit margins, the NRF’s Gold said.Read More News on Trade shipping National Retail Federation Gold nrf s gold pandemic Peterson Institute for International Economics (The one-stop destination for MSME, ET RISE provides news, views and analysis around GST, Exports, Funding, Policy and small business management.US Demand Soars Almost half of the $259 billion in cargo moving in and out of Los Angeles port -- the U.“All signs point to a robust second half of the year,” Los Angeles port Executive Director Gene Seroka said during a recent press briefing, noting that fall fashion, back-to-school, Halloween and holiday goods were already arriving on the docks.

iStock Firms also are dealing with backlogs and bottlenecks at US ports and increased shipping costs.Firms also are dealing with backlogs and bottlenecks at US ports and increased shipping costs.

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