Tariffs cause some China imports to crash 44% in September
September import data shows resilient demand despite tariff effects that caused steep declines in a number of key goods categories.
September import data shows resilient demand despite tariff effects that caused steep declines in a number of key goods categories.
Imports have held up surprisingly well this year, but peak season’s end and canal restrictions are finally curbing volumes.
Solution lies in a collaboration between business, academia, the government and labor putting together a national strategy for global competitiveness, experts say.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Descartes Datamyne report sheds light on USMCA impact; Germany’s Bosch to invest $100M in Mexico operations; Chinese auto parts maker begins construction of Mexico plant; and Kimberly-Clark de México acquires 65 trucks.